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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)

Showing technical analysis as on 2024-02-09 View latest technical analysis

10 day averaged volume of Hindalco is 266979

Date Daily Closing Price Open High Low Volume
09 Fri Feb 2024 591.60 601.00 601.35 576.10 0.727 times
08 Thu Feb 2024 601.40 590.05 608.80 588.85 1.628 times
07 Wed Feb 2024 592.65 587.40 601.95 585.00 0.879 times
06 Tue Feb 2024 584.70 579.60 587.75 569.50 0.326 times
05 Mon Feb 2024 579.60 584.60 590.55 576.05 1.739 times
02 Fri Feb 2024 584.00 575.15 589.00 573.10 0.561 times
01 Thu Feb 2024 571.15 582.85 582.85 570.30 0.995 times
31 Wed Jan 2024 579.35 571.75 580.45 569.00 0.353 times
30 Tue Jan 2024 569.25 568.15 583.90 567.10 1.459 times
29 Mon Jan 2024 567.95 567.25 572.35 561.75 0.518 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 587.4, but if it comes below 587.4, then a intra day sell could be more profitable.
If you take a sell trade below 587.4, then use 587.4 as stoploss and 573.28 as target. However if you take a buy trade in stock , then use 587.4 as stoploss and 604.3 as target.

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 448.65
Downside Target 494.75
Downside Target 514.05
Downside Target 537.70
Downside Target 561.75
Downside Target 586.65
Downside Target 589.00
Upside Target 592.55
Upside Target 608.80
Upside Target 618.00
Upside Target 620.60

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 571.13
Downside Intraday Target 550.67
Upside Intraday Target 610.43
Upside Intraday Target 629.27
Downside Intraday Target 589.97

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
09 Fri Feb 2024 591.60 584.60 608.80 569.50 1.364 times
02 Fri Feb 2024 584.00 567.25 589.00 561.75 1.424 times
25 Thu Jan 2024 567.70 564.95 569.70 537.70 0.668 times
19 Fri Jan 2024 557.00 586.65 586.65 547.85 1.374 times
12 Fri Jan 2024 581.45 587.10 592.55 570.80 0.609 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
09 Fri Feb 2024 591.60 582.85 608.80 569.50 0.403 times
31 Wed Jan 2024 579.35 610.05 620.60 537.70 0.854 times
29 Fri Dec 2023 614.90 519.00 618.00 514.05 0.709 times
30 Thu Nov 2023 515.45 459.05 523.40 456.25 1.329 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)

Price action analysis of Hindalco ( (Hindalco) ) based on a short 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 short 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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 582.89 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Hindalco ( (Hindalco) ) based on a short 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 short 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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 582.89 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 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

Click here for further forecast and predictions for tomorrow

Daily charts

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