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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 2024-08-22 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6707940

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	685.55	691.50	692.00	677.20	0.923 times
21 Wed Aug 2024	685.60	668.90	696.60	667.80	1.165 times
20 Tue Aug 2024	672.90	663.00	674.30	661.05	1.535 times
19 Mon Aug 2024	658.85	636.50	660.30	636.50	1.418 times
16 Fri Aug 2024	634.15	633.95	642.00	630.20	0.979 times
14 Wed Aug 2024	621.45	626.85	633.95	611.60	1.289 times
13 Tue Aug 2024	621.40	634.40	634.40	619.20	1.013 times
12 Mon Aug 2024	629.35	619.00	634.40	616.50	0.535 times
09 Fri Aug 2024	622.90	622.00	626.50	614.80	0.541 times
08 Thu Aug 2024	614.05	625.00	631.00	613.00	0.804 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 671.3, but if it comes below 671.3, then a intra day sell could be more profitable.
If you take a sell trade below 671.3, then use 671.3 as stoploss and 646.36 as target. However if you take a buy trade in stock , then use 671.3 as stoploss and 701.1 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	561.55
Downside Target	594.25
Downside Target	608.00
Downside Target	633.30
Downside Target	661.60
Downside Target	675.00
Upside Target	690.90
Upside Target	696.60
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	649.17
Downside Intraday Target	612.78
Upside Intraday Target	709.27
Upside Intraday Target	732.98
Downside Intraday Target	672.88

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	685.55	636.50	696.60	636.50	1.321 times
16 Fri Aug 2024	634.15	619.00	642.00	611.60	0.744 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

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
22 Thu Aug 2024	685.55	680.00	696.60	608.00	0.906 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Hindalco Industries in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a buy signal for Hindalco Industries in short term and BUY 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 648.63 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 negative.

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