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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 2024-05-30 View latest technical analysis

10 day averaged volume of Hindalco is 487899

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	695.15	705.90	712.90	693.55	0.634 times
29 Wed May 2024	705.35	694.70	713.40	682.65	1.864 times
28 Tue May 2024	680.55	681.00	698.00	678.20	1.358 times
27 Mon May 2024	677.75	686.45	689.55	675.60	1.166 times
24 Fri May 2024	673.10	678.15	690.55	671.25	1.632 times
23 Thu May 2024	676.55	679.95	679.95	666.05	0.257 times
22 Wed May 2024	684.25	699.45	699.45	677.50	0.575 times
21 Tue May 2024	693.20	665.70	695.15	663.40	1.654 times
18 Sat May 2024	660.00	660.00	663.00	658.30	0.039 times
17 Fri May 2024	655.30	654.85	658.60	650.50	0.811 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 684, but if it comes below 684, then a intra day sell could be more profitable.
If you take a sell trade below 684, then use 684 as stoploss and 658.56 as target. However if you take a buy trade in stock , then use 684 as stoploss and 714.6 as target.

Share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Target	496.80
Downside Target	537.70
Downside Target	561.50
Downside Target	608.80
Downside Target	654.90
Downside Target	661.30
Downside Target	663.40
Downside Target	665.75
Downside Target	675.60
Upside Target	699.45
Upside Target	713.40

Intraday share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Intraday Target	676.03
Downside Intraday Target	656.92
Upside Intraday Target	713.83
Upside Intraday Target	732.52
Downside Intraday Target	694.72

Weekly technical analysis of Hindalco (Hindalco)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	695.15	686.45	713.40	675.60	1.22 times
24 Fri May 2024	673.10	665.70	699.45	663.40	1.571 times
18 Sat May 2024	660.00	625.65	665.75	614.55	1.632 times
10 Fri May 2024	625.65	654.40	654.90	611.65	1.194 times
03 Fri May 2024	647.05	656.55	656.55	628.45	0.352 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
30 Thu May 2024	695.15	636.00	713.40	611.65	0.843 times
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

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 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 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 stronger in this stock.

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

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 but buying is losing 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 684.64 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.