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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 2024-06-04 View latest technical analysis

10 day averaged volume of Hindalco Industries is 12681004

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	649.05	697.00	697.00	594.25	1.912 times
03 Mon Jun 2024	695.95	715.00	715.25	692.80	0.558 times
31 Fri May 2024	689.35	698.90	703.45	684.35	1.074 times
30 Thu May 2024	695.15	704.85	713.05	693.35	0.817 times
29 Wed May 2024	705.30	695.00	713.50	682.30	1.789 times
28 Tue May 2024	681.30	682.00	698.00	678.35	1.019 times
27 Mon May 2024	677.85	685.05	689.50	675.50	0.826 times
24 Fri May 2024	673.25	679.25	690.45	671.05	1.256 times
23 Thu May 2024	676.80	675.15	678.55	665.95	0.769 times
22 Wed May 2024	684.55	698.55	698.70	677.40	0.631 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 640.2 as stoploss in an intra day buy trade for a target of 665.18. However, stock will show a bearish move below 640.2.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	496.35
Downside Target	561.55
Downside Target	594.25
Downside Target	608.95
Upside Target	655.00
Upside Target	666.00
Upside Target	675.50
Upside Target	698.70
Upside Target	713.50
Upside Target	715.25

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	590.45
Downside Intraday Target	531.85
Upside Intraday Target	711.45
Upside Intraday Target	773.85
Upside Intraday Target	652.85

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	649.05	715.00	715.25	594.25	0.447 times
31 Fri May 2024	689.35	685.05	713.50	675.50	1.411 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

Price has moved down 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
04 Tue Jun 2024	649.05	715.00	715.25	594.25	0.142 times
31 Fri May 2024	689.35	635.90	713.50	611.75	1.252 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

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hindalco Industries in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco Industries in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 680.83 and Hindalco Industries (HINDALCO) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.