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(Hindalco) Hindalco complete technical analysis [charts+indicators] | Buy/Sell Hindalco | (Hindalco) share price targets

Complete technical analysis of Hindalco (Hindalco) by charts plus indicators, forecast predictions and share price targets for Hindalco (Hindalco)

10 day averaged volume of Hindalco is 617179

Date Daily Closing Price Open High Low Volume
24 Tue May 2022 400.75 413.95 415.20 400.00 0.489 times
23 Mon May 2022 413.35 428.00 428.00 399.50 0.762 times
20 Fri May 2022 429.00 432.00 434.80 420.95 0.427 times
19 Thu May 2022 416.90 419.00 426.00 413.80 0.64 times
18 Wed May 2022 436.30 437.00 438.25 423.60 0.906 times
17 Tue May 2022 428.50 400.55 432.45 398.80 2.956 times
16 Mon May 2022 391.25 397.00 400.60 384.95 1.223 times
13 Fri May 2022 387.90 409.90 414.50 385.05 0.935 times
12 Thu May 2022 406.05 418.90 422.00 394.75 1.056 times
11 Wed May 2022 422.90 423.00 430.00 414.00 0.608 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 406.8, but if it comes above 406.8, then a intra day buy could be more profitable.
If you take a sell trade below 406.8, then use 406.8 as stoploss and 366.4 as target. However if you take a buy trade in stock , then use 406.8 as stoploss and 440.51 as target.

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 384.95
Downside Target 399.50
Upside Target 428.00
Upside Target 438.25
Upside Target 448.30
Upside Target 472.05
Upside Target 487.80
Upside Target 508.50
Upside Target 515.70
Upside Target 556.00
Upside Target 580.00
Upside Target 595.00
Upside Target 636.00

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 390.83
Downside Intraday Target 380.92
Upside Intraday Target 419.33
Upside Intraday Target 437.92
Upside Intraday Target 409.42

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
24 Tue May 2022 400.75 428.00 428.00 399.50 0.203 times
20 Fri May 2022 429.00 397.00 438.25 384.95 1.706 times
13 Fri May 2022 387.90 437.00 448.30 385.05 0.724 times
06 Fri May 2022 444.05 479.00 486.00 439.15 2.213 times
29 Fri Apr 2022 483.65 505.00 508.50 476.75 0.407 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 (Hindalco)

Date Monthly Closing Price Open High Low Volume
24 Tue May 2022 400.75 479.00 486.00 384.95 1.153 times
29 Fri Apr 2022 483.65 569.00 595.00 476.75 0.747 times
31 Thu Mar 2022 569.60 577.00 636.00 556.00 1.683 times
28 Mon Feb 2022 573.70 489.15 580.00 487.80 1.363 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 (Hindalco)

Indicator Name Indicator Value Indicator Signal
ADX 15, 33, 38 Sell
MACD -58, -59Buy
Stochastics 50None
CCI -52Sell
RSI 41Sell
OBV -2861709Sell
VWAP 415Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

Price action analysis of Hindalco ( (Hindalco) ) based on a short 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 ( (Hindalco) ) based on a short 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 ( (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 ( (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 stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Hindalco in short term but the buy signal is initial and weak.

Hindalco 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. Bears 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 coming down

CCI has generated a SELL signal for Hindalco in short term and SELL 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 is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 414.92 and Hindalco (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 (Hindalco) stock. Volume based technical analysis of Hindalco (Hindalco) stock is negative.

Hindalco 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.

Click here for Hindalco charts

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Daily charts

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Daily chart

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