(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)
Showing technical analysis as on 2022-08-08 View latest technical analysis
10 day averaged volume of Hindalco is 693027
|Date||Daily Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||421.45||412.55||422.55||412.55||0.37 times|
|05 Fri Aug 2022||406.85||423.20||426.25||384.00||1.014 times|
|04 Thu Aug 2022||421.75||426.20||432.95||418.30||1.43 times|
|03 Wed Aug 2022||414.30||419.00||422.00||409.70||0.225 times|
|02 Tue Aug 2022||418.30||419.90||420.45||407.80||0.538 times|
|01 Mon Aug 2022||423.90||419.10||427.90||418.85||3.414 times|
|29 Fri Jul 2022||415.20||396.50||417.50||395.00||1.355 times|
|28 Thu Jul 2022||392.65||392.00||395.20||386.00||0.988 times|
|27 Wed Jul 2022||388.65||380.55||389.55||379.25||0.339 times|
|26 Tue Jul 2022||381.90||388.90||389.45||381.05||0.225 times|
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 412.7, but if it comes below 412.7, then a intra day sell could be more profitable.
If you take a sell trade below 412.7, then use 412.7 as stoploss and 386.39 as target. However if you take a buy trade in stock , then use 412.7 as stoploss and 444.2 as target.
Share price targets for Hindalco (Hindalco)
Intraday share price targets for Hindalco (Hindalco)
|Downside Intraday Target||415.15|
|Downside Intraday Target||408.85|
|Upside Intraday Target||425.15|
|Upside Intraday Target||428.85|
|Downside Intraday Target||418.85|
Weekly technical analysis of Hindalco (Hindalco)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||421.45||412.55||422.55||412.55||0.056 times|
|05 Fri Aug 2022||406.85||419.10||432.95||384.00||1.958 times|
|29 Fri Jul 2022||415.20||381.50||417.50||379.25||0.567 times|
|22 Fri Jul 2022||381.40||354.10||382.05||354.10||2.224 times|
|15 Fri Jul 2022||350.60||351.25||363.25||341.55||0.438 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 (Hindalco)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|08 Mon Aug 2022||421.45||419.10||432.95||384.00||0.366 times|
|29 Fri Jul 2022||415.20||336.30||417.50||326.75||1.289 times|
|30 Thu Jun 2022||338.80||420.00||421.50||309.00||0.841 times|
|31 Tue May 2022||422.85||479.00||486.00||384.95||1.424 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 (Hindalco)
|Indicator Name||Indicator Value||Indicator Signal|
|ADX||28, 28, 1||Buy|
Price action analysis of Hindalco ( (Hindalco) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 to mid 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.
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Hindalco in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Hindalco Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Hindalco in short term and BUY 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
Stock of Hindalco is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 414.76 and Hindalco (Hindalco) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.
People seem to be coming out and selling the Hindalco (Hindalco) stock. Volume based technical analysis of Hindalco (Hindalco) stock is negative.
Hindalco Stock is giving positive 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.