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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 2024-04-30 View latest technical analysis

10 day averaged volume of Hindalco is 382497

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	643.90	652.90	652.90	642.30	0.449 times
29 Mon Apr 2024	650.20	656.55	656.55	641.15	0.489 times
26 Fri Apr 2024	649.55	651.70	661.30	644.00	0.571 times
25 Thu Apr 2024	646.50	636.30	647.95	628.20	1.449 times
24 Wed Apr 2024	636.30	612.25	637.85	608.45	1.623 times
23 Tue Apr 2024	611.90	615.55	618.70	610.35	0.456 times
22 Mon Apr 2024	618.95	619.30	622.70	612.75	0.78 times
19 Fri Apr 2024	614.50	610.00	616.40	600.80	0.711 times
18 Thu Apr 2024	612.80	616.25	624.95	609.95	1.571 times
16 Tue Apr 2024	608.75	612.65	621.45	607.40	0.636 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 634.2, but if it comes below 634.2, then a intra day sell could be more profitable.
If you take a sell trade below 634.2, then use 634.2 as stoploss and 606.74 as target. However if you take a buy trade in stock , then use 634.2 as stoploss and 667.1 as target.

Share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Target	496.80
Downside Target	514.05
Downside Target	537.70
Downside Target	561.50
Downside Target	590.05
Downside Target	618.00
Downside Target	620.60
Downside Target	625.20
Downside Target	641.15
Upside Target	656.55
Upside Target	661.30

Intraday share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Intraday Target	637.85
Downside Intraday Target	631.8
Upside Intraday Target	653.25
Upside Intraday Target	662.6
Upside Intraday Target	647.2

Weekly technical analysis of Hindalco (Hindalco)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	643.90	656.55	656.55	641.15	0.192 times
26 Fri Apr 2024	649.55	619.30	661.30	608.45	1.053 times
19 Fri Apr 2024	614.50	610.00	625.20	600.80	1.524 times
12 Fri Apr 2024	597.55	572.50	608.50	571.00	0.397 times
05 Fri Apr 2024	569.90	566.60	590.05	561.50	6.837 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
30 Tue Apr 2024	643.90	566.60	661.30	561.50	2.008 times
28 Thu Mar 2024	560.45	513.95	569.90	501.10	0.572 times
29 Thu Feb 2024	503.10	582.85	608.80	496.80	1.551 times
31 Wed Jan 2024	579.35	610.05	620.60	537.70	0.854 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 Strong 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 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 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 629.2 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.