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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 2024-06-28 View latest technical analysis

10 day averaged volume of Hindalco Industries is 7228576

Date	Daily Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	693.55	690.25	697.50	686.00	0.844 times
27 Thu Jun 2024	685.25	678.00	687.70	672.10	0.987 times
26 Wed Jun 2024	674.70	683.55	683.55	671.35	0.84 times
25 Tue Jun 2024	685.50	688.80	696.00	680.90	0.799 times
24 Mon Jun 2024	685.25	679.60	687.70	675.10	1.109 times
21 Fri Jun 2024	684.50	680.00	691.20	677.00	1.656 times
20 Thu Jun 2024	676.50	665.00	684.35	661.75	0.92 times
19 Wed Jun 2024	662.40	680.05	682.00	660.40	0.66 times
18 Tue Jun 2024	678.75	683.60	688.00	677.00	0.555 times
14 Fri Jun 2024	683.60	690.00	690.00	677.40	1.152 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 690.8, but if it comes below 690.8, then a intra day sell could be more profitable.
If you take a sell trade below 690.8, then use 690.8 as stoploss and 680.07 as target. However if you take a buy trade in stock , then use 690.8 as stoploss and 703.6 as target.

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	660.40
Downside Target	690.00
Downside Target	691.20
Upside Target	697.50
Upside Target	713.50
Upside Target	715.25

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	677.43
Downside Intraday Target	661.32
Upside Intraday Target	703.58
Upside Intraday Target	713.62
Downside Intraday Target	687.47

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Fri Jun 2024	693.55	679.60	697.50	671.35	1.208 times
21 Fri Jun 2024	684.50	683.60	691.20	660.40	0.723 times
14 Fri Jun 2024	683.60	677.05	690.00	671.85	0.507 times
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

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 Fri Jun 2024	693.55	715.00	715.25	594.25	0.784 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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 buy signal for Hindalco Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up 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 681.94 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.