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(HINDALCO) Hindalco Industries complete technical analysis [charts+indicators] | Buy/Sell Hindalco Industries | (HINDALCO) share price targets

Complete technical analysis of Hindalco Industries (HINDALCO) by charts plus indicators, forecast predictions and share price targets for Hindalco Industries (HINDALCO)

Hindalco Industries trades in NSE in Aluminium sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Hindalco Industries is 8951526

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	681.30	682.00	698.00	678.35	1.444 times
27 Mon May 2024	677.85	685.05	689.50	675.50	1.17 times
24 Fri May 2024	673.25	679.25	690.45	671.05	1.78 times
23 Thu May 2024	676.80	675.15	678.55	665.95	1.089 times
22 Wed May 2024	684.55	698.55	698.70	677.40	0.894 times
21 Tue May 2024	693.60	666.30	695.40	663.20	1.785 times
18 Sat May 2024	660.35	662.00	662.90	657.50	0.052 times
17 Fri May 2024	655.45	653.00	658.80	650.40	0.561 times
16 Thu May 2024	653.35	660.00	666.00	643.25	0.981 times
15 Wed May 2024	653.70	653.00	659.00	648.70	0.756 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 674.6, but if it comes below 674.6, then a intra day sell could be more profitable.
If you take a sell trade below 674.6, then use 674.6 as stoploss and 653.04 as target. However if you take a buy trade in stock , then use 674.6 as stoploss and 700.5 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	496.35
Downside Target	537.60
Downside Target	561.55
Downside Target	608.95
Downside Target	655.00
Downside Target	661.60
Downside Target	663.20
Downside Target	666.00
Downside Target	675.50
Upside Target	698.00
Upside Target	698.70

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	671.87
Downside Intraday Target	662.43
Upside Intraday Target	694.37
Upside Intraday Target	707.43
Upside Intraday Target	684.93

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	681.30	685.05	698.00	675.50	0.471 times
24 Fri May 2024	673.25	666.30	698.70	663.20	1.507 times
18 Sat May 2024	660.35	625.10	666.00	614.30	0.834 times
10 Fri May 2024	625.60	650.00	655.00	611.75	1.054 times
03 Fri May 2024	647.10	654.95	655.40	628.65	0.855 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hindalco Industries (HINDALCO)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	681.30	635.90	698.70	611.75	0.988 times
30 Tue Apr 2024	644.40	570.00	661.60	561.55	1.468 times
28 Thu Mar 2024	560.25	510.00	566.65	501.20	0.55 times
29 Thu Feb 2024	503.85	578.00	608.95	496.35	2.008 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Hindalco Industries (HINDALCO)

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Hindalco Industries stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hindalco Industries in short term and the buy signal is strong.

Hindalco Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Hindalco Industries in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Hindalco Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 675.37 and Hindalco Industries (HINDALCO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Hindalco Industries (HINDALCO) stock. Volume based technical analysis of Hindalco Industries (HINDALCO) stock is negative.

Hindalco Industries Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.