Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 298586

Date Daily Closing Price Open High Low Volume
02 Thu Feb 2023 465.45 465.40 471.00 461.00 0.248 times
01 Wed Feb 2023 467.70 472.15 480.65 454.45 0.933 times
31 Tue Jan 2023 468.55 473.00 474.90 465.90 0.349 times
30 Mon Jan 2023 471.30 475.10 483.40 464.05 0.886 times
27 Fri Jan 2023 479.05 491.05 494.75 468.00 0.576 times
25 Wed Jan 2023 489.25 484.00 495.50 483.95 1.696 times
24 Tue Jan 2023 484.25 495.05 497.70 483.65 0.435 times
23 Mon Jan 2023 493.60 494.00 500.25 491.75 1.301 times
20 Fri Jan 2023 489.95 498.00 501.60 488.55 0.705 times
19 Thu Jan 2023 499.35 495.00 503.00 491.40 1.666 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 469.5, but if it comes above 469.5, then a intra day buy could be more profitable.
If you take a sell trade below 469.5, then use 469.5 as stoploss and 455.4 as target. However if you take a buy trade in stock , then use 469.5 as stoploss and 481.2 as target.

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 379.00
Downside Target 404.90
Downside Target 416.60
Downside Target 427.65
Downside Target 454.45
Upside Target 483.40
Upside Target 483.50
Upside Target 490.90
Upside Target 495.00
Upside Target 500.25
Upside Target 504.00

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 452.13
Downside Intraday Target 438.82
Upside Intraday Target 481.08
Upside Intraday Target 496.72
Upside Intraday Target 467.77

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
02 Thu Feb 2023 465.45 475.10 483.40 454.45 0.603 times
27 Fri Jan 2023 479.05 494.00 500.25 468.00 0.748 times
20 Fri Jan 2023 489.95 488.60 504.00 476.90 1.763 times
13 Fri Jan 2023 488.35 469.25 495.00 466.45 0.766 times
06 Fri Jan 2023 462.45 475.00 490.90 458.90 0.982 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
02 Thu Feb 2023 465.45 472.15 480.65 454.45 0.067 times
31 Tue Jan 2023 468.55 475.00 504.00 458.90 0.8 times
30 Fri Dec 2022 473.25 452.00 483.50 427.65 0.788 times
30 Wed Nov 2022 450.90 404.90 460.30 404.90 1.01 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 11, 24, 39 Sell
MACD 6, 11Sell
Stochastics 20Sell
CCI -101Sell
RSI 57Buy
OBV -46466Sell
VWAP 485Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Hindalco ( (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 ( (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 ( (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 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 stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

Hindalco 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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 485.36 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 positive

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

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme