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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 2024-09-10 View latest technical analysis

10 day averaged volume of Hindalco Industries is 5486421

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	659.50	664.90	666.80	653.70	0.602 times
09 Mon Sep 2024	658.55	664.00	664.00	651.00	0.938 times
06 Fri Sep 2024	667.10	668.25	677.00	665.45	1.15 times
05 Thu Sep 2024	669.95	670.00	672.40	667.25	0.683 times
04 Wed Sep 2024	666.80	666.65	673.80	661.25	1.06 times
03 Tue Sep 2024	678.90	687.65	692.70	677.55	0.812 times
02 Mon Sep 2024	683.90	706.70	706.70	683.20	1.128 times
30 Fri Aug 2024	701.35	699.00	708.50	695.10	1.35 times
29 Thu Aug 2024	700.50	697.65	702.35	691.40	1.044 times
28 Wed Aug 2024	705.05	706.00	710.70	701.15	0.656 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 648 as stoploss in an intra day buy trade for a target of 673.6. However, stock will show a bearish move below 648.

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	651.4
Downside Intraday Target	643.3
Upside Intraday Target	667.2
Upside Intraday Target	674.9
Downside Intraday Target	659.1

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	659.50	664.00	666.80	651.00	0.319 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
10 Tue Sep 2024	659.50	706.70	706.70	651.00	0.23 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is losing 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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

RSI is generating a SELL signal in short term and selling is picking up 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 680.21 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.