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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 2024-06-07 View latest technical analysis

10 day averaged volume of Hindalco Industries is 15358666

Date	Daily Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	680.35	677.50	687.00	672.45	0.467 times
06 Thu Jun 2024	677.50	695.00	695.00	673.00	0.678 times
05 Wed Jun 2024	695.25	627.00	700.65	607.00	1.682 times
04 Tue Jun 2024	649.05	697.00	697.00	594.25	1.579 times
03 Mon Jun 2024	695.95	715.00	715.25	692.80	0.461 times
31 Fri May 2024	689.35	698.90	703.45	684.35	0.887 times
30 Thu May 2024	695.15	704.85	713.05	693.35	0.675 times
29 Wed May 2024	705.30	695.00	713.50	682.30	1.477 times
28 Tue May 2024	681.30	682.00	698.00	678.35	0.842 times
27 Mon May 2024	677.85	685.05	689.50	675.50	0.682 times

My analysis of stock is bullish for shortterm, and stock might move up till 693.4 or till 716.8. Use a stoploss of 673.91 and if this stock hits its stoploss, then it can fall down till 654.42

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
Downside Target	655.00
Downside Target	666.00
Downside 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	611.32
Downside Intraday Target	542.28
Upside Intraday Target	732.32
Upside Intraday Target	784.28
Downside Intraday Target	663.28

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Fri Jun 2024	680.35	715.00	715.25	594.25	1.067 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
07 Fri Jun 2024	680.35	715.00	715.25	594.25	0.339 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

Hindalco Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

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

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 684.04 and Hindalco Industries (HINDALCO) stock is trading below this level. This means that stock is falling with high volumes. 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.