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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 2024-10-28 View latest technical analysis

10 day averaged volume of Hindalco Industries is 5467170

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	692.90	681.00	697.00	680.80	0.473 times
25 Fri Oct 2024	678.75	694.50	694.90	668.45	0.748 times
24 Thu Oct 2024	690.70	715.00	715.00	666.75	2.727 times
23 Wed Oct 2024	717.10	716.00	731.15	713.30	1.193 times
22 Tue Oct 2024	720.25	733.00	745.80	718.30	1.038 times
21 Mon Oct 2024	739.60	760.00	765.45	737.00	0.545 times
18 Fri Oct 2024	753.50	734.80	756.45	725.05	1.001 times
17 Thu Oct 2024	734.80	741.10	747.30	732.35	1.137 times
16 Wed Oct 2024	733.10	728.50	738.90	726.05	0.587 times
15 Tue Oct 2024	726.95	746.00	750.00	720.65	0.559 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 708.5, but if it comes above 708.5, then a intra day buy could be more profitable.
If you take a sell trade below 708.5, then use 708.5 as stoploss and 682.6 as target. However if you take a buy trade in stock , then use 708.5 as stoploss and 730.08 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	594.25
Downside Target	608.00
Downside Target	633.30
Downside Target	666.75
Downside Target	680.80
Upside Target	697.00
Upside Target	740.05
Upside Target	753.00
Upside Target	756.45
Upside Target	764.45
Upside Target	765.45
Upside Target	772.65

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	683.47
Downside Intraday Target	674.03
Upside Intraday Target	699.67
Upside Intraday Target	706.43
Downside Intraday Target	690.23

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	692.90	681.00	697.00	680.80	0.076 times
25 Fri Oct 2024	678.75	760.00	765.45	666.75	1.668 times
18 Fri Oct 2024	753.50	746.00	756.45	720.65	0.849 times
11 Fri Oct 2024	747.35	753.00	753.00	708.00	1.038 times
04 Fri Oct 2024	747.90	750.00	772.65	740.05	0.455 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 Mon Oct 2024	692.90	755.00	772.65	666.75	0.691 times
30 Mon Sep 2024	756.20	706.70	764.45	645.40	0.915 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

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 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 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 SELL. Signal strength is Strong 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 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 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 but selling 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 714.59 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 positive

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