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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 2024-07-08 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6042654

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	697.20	703.65	705.90	691.65	0.436 times
05 Fri Jul 2024	699.15	694.00	702.50	693.50	0.856 times
04 Thu Jul 2024	691.85	697.70	705.75	690.55	0.98 times
03 Wed Jul 2024	691.65	698.90	703.00	683.40	0.972 times
02 Tue Jul 2024	694.75	689.90	703.30	688.40	0.907 times
01 Mon Jul 2024	689.85	699.00	701.85	688.40	0.806 times
28 Fri Jun 2024	693.55	690.25	697.50	686.00	1.01 times
27 Thu Jun 2024	685.25	678.00	687.70	672.10	1.181 times
26 Wed Jun 2024	674.70	683.55	683.55	671.35	1.004 times
25 Tue Jun 2024	685.50	688.80	696.00	680.90	0.956 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 693.1, but if it comes below 693.1, then a intra day sell could be more profitable.
If you take a sell trade below 693.1, then use 693.1 as stoploss and 683.92 as target. However if you take a buy trade in stock , then use 693.1 as stoploss and 704.2 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	501.20
Downside Target	561.55
Downside Target	594.25
Downside Target	611.75
Downside Target	660.40
Downside Target	691.65
Upside Target	697.50
Upside Target	705.75
Upside Target	705.90
Upside Target	713.50
Upside Target	715.25

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	690.6
Downside Intraday Target	684
Upside Intraday Target	704.85
Upside Intraday Target	712.5
Upside Intraday Target	698.25

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jul 2024	697.20	703.65	705.90	691.65	0.096 times
05 Fri Jul 2024	699.15	699.00	705.75	683.40	0.826 times
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

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
08 Mon Jul 2024	697.20	699.00	705.90	683.40	0.173 times
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

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 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 Weak and stock is gaining momentum.

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

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

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 coming down

CCI has generated a SELL signal for Hindalco Industries in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling 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 689.66 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.