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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 2024-11-06 View latest technical analysis

10 day averaged volume of Hindalco Industries is 5081912

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	708.20	706.00	714.25	687.85	1.082 times
05 Tue Nov 2024	697.55	675.60	701.45	674.80	0.97 times
04 Mon Nov 2024	674.30	689.00	689.90	661.60	1.032 times
01 Fri Nov 2024	690.90	687.50	693.90	687.20	0.093 times
31 Thu Oct 2024	686.05	686.85	689.55	679.25	0.881 times
30 Wed Oct 2024	688.40	690.95	698.80	685.40	0.646 times
29 Tue Oct 2024	693.60	692.90	696.20	676.45	0.845 times
28 Mon Oct 2024	692.90	681.00	697.00	680.80	0.509 times
25 Fri Oct 2024	678.75	694.50	694.90	668.45	0.805 times
24 Thu Oct 2024	690.70	715.00	715.00	666.75	2.934 times

My analysis of stock is bearish for shortterm, and stock might move down till 688 or till 658.7. Use a stoploss of 712.36 and if the stock hits stoploss, then it can shoot up till 736.74

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	608.00
Downside Target	633.30
Downside Target	661.60
Downside Target	698.80
Upside Target	714.25
Upside Target	720.65
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	675.12
Downside Intraday Target	642.03
Upside Intraday Target	727.77
Upside Intraday Target	747.33
Downside Intraday Target	694.68

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	708.20	689.00	714.25	661.60	1.037 times
01 Fri Nov 2024	690.90	681.00	698.80	676.45	0.442 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

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
06 Wed Nov 2024	708.20	687.50	714.25	661.60	0.149 times
31 Thu Oct 2024	686.05	755.00	772.65	666.75	0.778 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 Weak and stock is losing momentum.

MACD generated a SELL signal for Hindalco Industries in short term and the sell signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hindalco Industries Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Hindalco Industries in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 690.4 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 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.