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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 2024-07-23 View latest technical analysis

10 day averaged volume of Hindalco Industries is 4892597

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	653.50	672.30	673.20	638.70	1.963 times
22 Mon Jul 2024	672.30	655.00	675.00	650.85	0.673 times
19 Fri Jul 2024	663.00	683.90	685.70	658.65	1.269 times
18 Thu Jul 2024	689.95	686.00	695.85	684.10	1.603 times
16 Tue Jul 2024	690.80	700.30	703.15	689.00	0.934 times
15 Mon Jul 2024	700.10	692.05	701.60	688.45	0.582 times
12 Fri Jul 2024	692.05	697.50	702.45	686.10	0.785 times
11 Thu Jul 2024	696.30	702.00	702.00	692.00	1.401 times
10 Wed Jul 2024	693.30	708.00	712.10	685.30	1.089 times
09 Tue Jul 2024	707.00	702.00	710.65	695.55	1.126 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 660.3, for a target of 675.4 or 688.09

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	638.70
Upside Target	658.65
Upside Target	697.50
Upside Target	703.15
Upside Target	705.75
Upside Target	712.10
Upside Target	713.50
Upside Target	715.25

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	636.47
Downside Intraday Target	619.43
Upside Intraday Target	672.77
Upside Intraday Target	692.03
Upside Intraday Target	655.73

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	653.50	655.00	675.00	638.70	0.601 times
19 Fri Jul 2024	663.00	692.05	703.15	658.65	0.888 times
12 Fri Jul 2024	692.05	703.65	712.10	685.30	0.884 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

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
23 Tue Jul 2024	653.50	699.00	712.10	638.70	0.496 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 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 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 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 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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 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 683.16 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 negative.

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