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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 2024-09-09 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6123739

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	658.55	664.00	664.00	651.00	0.84 times
06 Fri Sep 2024	667.10	668.25	677.00	665.45	1.031 times
05 Thu Sep 2024	669.95	670.00	672.40	667.25	0.612 times
04 Wed Sep 2024	666.80	666.65	673.80	661.25	0.95 times
03 Tue Sep 2024	678.90	687.65	692.70	677.55	0.728 times
02 Mon Sep 2024	683.90	706.70	706.70	683.20	1.01 times
30 Fri Aug 2024	701.35	699.00	708.50	695.10	1.209 times
29 Thu Aug 2024	700.50	697.65	702.35	691.40	0.935 times
28 Wed Aug 2024	705.05	706.00	710.70	701.15	0.588 times
27 Tue Aug 2024	703.50	711.90	712.95	702.75	1.056 times

My analysis of stock is bearish for shortterm, and stock might move down till 644.8 or till 612.1. Use a stoploss of 672.09 and if the stock hits stoploss, then it can shoot up till 699.34

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	594.25
Downside Target	608.00
Downside Target	633.30
Upside Target	689.50
Upside Target	696.60
Upside Target	706.70
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	651.7
Downside Intraday Target	644.85
Upside Intraday Target	664.7
Upside Intraday Target	670.85
Downside Intraday Target	657.85

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Sep 2024	658.55	664.00	664.00	651.00	0.194 times
06 Fri Sep 2024	667.10	706.70	706.70	661.25	0.764 times
30 Fri Aug 2024	701.35	694.40	712.95	689.50	0.835 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

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
09 Mon Sep 2024	658.55	706.70	706.70	651.00	0.209 times
30 Fri Aug 2024	701.35	680.00	712.95	608.00	1.258 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

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 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 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 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 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 684.2 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.