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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 262560

Date Daily Closing Price Open High Low Volume
03 Fri Feb 2023 459.65 466.95 468.10 450.35 0.629 times
02 Thu Feb 2023 465.45 465.40 471.00 461.00 0.282 times
01 Wed Feb 2023 467.70 472.15 480.65 454.45 1.061 times
31 Tue Jan 2023 468.55 473.00 474.90 465.90 0.396 times
30 Mon Jan 2023 471.30 475.10 483.40 464.05 1.008 times
27 Fri Jan 2023 479.05 491.05 494.75 468.00 0.655 times
25 Wed Jan 2023 489.25 484.00 495.50 483.95 1.929 times
24 Tue Jan 2023 484.25 495.05 497.70 483.65 0.494 times
23 Mon Jan 2023 493.60 494.00 500.25 491.75 1.479 times
20 Fri Jan 2023 489.95 498.00 501.60 488.55 0.801 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 468.7, but if it comes above 468.7, then a intra day buy could be more profitable.
If you take a sell trade below 468.7, then use 468.7 as stoploss and 454.1 as target. However if you take a buy trade in stock , then use 468.7 as stoploss and 480.9 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 450.35
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 445.53
Downside Intraday Target 431.42
Upside Intraday Target 478.58
Upside Intraday Target 497.52
Upside Intraday Target 464.47

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
03 Fri Feb 2023 459.65 475.10 483.40 450.35 0.741 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
03 Fri Feb 2023 459.65 472.15 480.65 450.35 0.098 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 9, 29, 50 Sell
MACD 3, 9Sell
Stochastics 23Sell
CCI -113Sell
RSI 58Buy
OBV 160693Sell
VWAP 480Sell
ADL 0Sell
ROC -8Sell
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 gaining 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 480.48 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

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Daily charts

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Daily chart

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