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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 2024-07-30 View latest technical analysis

10 day averaged volume of Hindalco Industries is 5390673

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	660.50	665.00	665.00	654.60	1.246 times
29 Mon Jul 2024	666.85	676.75	676.75	665.00	1.119 times
26 Fri Jul 2024	667.60	660.00	668.50	655.00	0.878 times
25 Thu Jul 2024	646.55	641.95	649.00	633.30	1.145 times
24 Wed Jul 2024	651.60	653.00	656.65	645.00	0.484 times
23 Tue Jul 2024	653.50	672.30	673.20	638.70	1.781 times
22 Mon Jul 2024	672.30	655.00	675.00	650.85	0.611 times
19 Fri Jul 2024	663.00	683.90	685.70	658.65	1.152 times
18 Thu Jul 2024	689.95	686.00	695.85	684.10	1.455 times
16 Tue Jul 2024	690.80	700.30	703.15	689.00	0.848 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 662.9, but if it comes above 662.9, then a intra day buy could be more profitable.
If you take a sell trade below 662.9, then use 662.9 as stoploss and 640.9 as target. However if you take a buy trade in stock , then use 662.9 as stoploss and 681.3 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	633.30
Downside Target	654.60
Upside Target	675.00
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	651.15
Downside Intraday Target	641.8
Upside Intraday Target	673.3
Upside Intraday Target	686.1
Upside Intraday Target	663.95

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	660.50	676.75	676.75	654.60	0.483 times
26 Fri Jul 2024	667.60	655.00	675.00	633.30	1.23 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

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
30 Tue Jul 2024	660.50	699.00	712.10	633.30	0.648 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 neutral. A longer time frame might give a better analysis.

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 and the sell signal is strong.

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. Bears are weakening, and bulls 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 BUY signal in short term and the buying is gaining 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 666.02 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.