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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 2024-08-28 View latest technical analysis

10 day averaged volume of Hindalco Industries is 8157430

Date	Daily Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	705.05	706.00	710.70	701.15	0.441 times
27 Tue Aug 2024	703.50	711.90	712.95	702.75	0.793 times
26 Mon Aug 2024	711.85	694.40	712.90	689.50	1.412 times
23 Fri Aug 2024	685.10	690.05	694.70	677.80	0.953 times
22 Thu Aug 2024	685.55	691.50	692.00	677.20	0.759 times
21 Wed Aug 2024	685.60	668.90	696.60	667.80	0.958 times
20 Tue Aug 2024	672.90	663.00	674.30	661.05	1.262 times
19 Mon Aug 2024	658.85	636.50	660.30	636.50	1.166 times
16 Fri Aug 2024	634.15	633.95	642.00	630.20	0.805 times
14 Wed Aug 2024	621.45	626.85	633.95	611.60	1.06 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 688.1, but if it comes below 688.1, then a intra day sell could be more profitable.
If you take a sell trade below 688.1, then use 688.1 as stoploss and 654.56 as target. However if you take a buy trade in stock , then use 688.1 as stoploss and 728.3 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	689.50
Downside Target	690.90
Downside Target	696.60
Upside Target	712.10
Upside Target	712.95
Upside Target	713.50
Upside Target	715.25

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	692.05
Downside Intraday Target	679.05
Upside Intraday Target	715.5
Upside Intraday Target	725.95
Downside Intraday Target	702.5

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Wed Aug 2024	705.05	694.40	712.95	689.50	0.519 times
23 Fri Aug 2024	685.10	636.50	696.60	636.50	1.625 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

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
28 Wed Aug 2024	705.05	680.00	712.95	608.00	1.149 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 losing 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 moving up

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 675.47 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.