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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 2024-08-14 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6886027

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	621.45	626.85	633.95	611.60	1.256 times
13 Tue Aug 2024	621.40	634.40	634.40	619.20	0.987 times
12 Mon Aug 2024	629.35	619.00	634.40	616.50	0.521 times
09 Fri Aug 2024	622.90	622.00	626.50	614.80	0.527 times
08 Thu Aug 2024	614.05	625.00	631.00	613.00	0.784 times
07 Wed Aug 2024	623.70	625.00	629.45	616.75	0.703 times
06 Tue Aug 2024	610.30	625.00	629.00	608.00	1.026 times
05 Mon Aug 2024	614.30	628.05	633.85	609.25	1.953 times
02 Fri Aug 2024	648.05	659.80	665.60	646.55	0.975 times
01 Thu Aug 2024	673.50	680.00	690.90	667.35	1.282 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 622.3, but if it comes above 622.3, then a intra day buy could be more profitable.
If you take a sell trade below 622.3, then use 622.3 as stoploss and 593.9 as target. However if you take a buy trade in stock , then use 622.3 as stoploss and 646.02 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	561.55
Downside Target	594.25
Downside Target	608.00
Upside Target	633.30
Upside Target	661.60
Upside Target	675.00
Upside Target	690.90
Upside Target	703.15
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	610.57
Downside Intraday Target	599.68
Upside Intraday Target	633.37
Upside Intraday Target	645.28
Upside Intraday Target	622.48

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	621.45	619.00	634.40	611.60	0.553 times
09 Fri Aug 2024	622.90	628.05	633.85	608.00	0.933 times
02 Fri Aug 2024	648.05	676.75	690.90	646.55	1.395 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

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
14 Wed Aug 2024	621.45	680.00	690.90	608.00	0.571 times
31 Wed Jul 2024	669.60	699.00	712.10	633.30	0.697 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

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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 and the sell signal is strong.

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 red color and prices are below the red 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 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 628.23 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.