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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 2024-06-03 View latest technical analysis

10 day averaged volume of Hindalco is 471867

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	695.90	710.05	714.85	693.00	0.401 times
31 Fri May 2024	689.25	700.55	703.45	685.05	0.509 times
30 Thu May 2024	695.15	705.90	712.90	693.55	0.656 times
29 Wed May 2024	705.35	694.70	713.40	682.65	1.928 times
28 Tue May 2024	680.55	681.00	698.00	678.20	1.404 times
27 Mon May 2024	677.75	686.45	689.55	675.60	1.206 times
24 Fri May 2024	673.10	678.15	690.55	671.25	1.688 times
23 Thu May 2024	676.55	679.95	679.95	666.05	0.265 times
22 Wed May 2024	684.25	699.45	699.45	677.50	0.595 times
21 Tue May 2024	693.20	665.70	695.15	663.40	1.71 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 690.2, but if it comes below 690.2, then a intra day sell could be more profitable.
If you take a sell trade below 690.2, then use 690.2 as stoploss and 663.54 as target. However if you take a buy trade in stock , then use 690.2 as stoploss and 722.3 as target.

Share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Target	496.80
Downside Target	561.50
Downside Target	608.80
Downside Target	654.90
Downside Target	675.60
Downside Target	693.00
Upside Target	699.45
Upside Target	713.40
Upside Target	714.85

Intraday share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Intraday Target	687.65
Downside Intraday Target	679.4
Upside Intraday Target	709.5
Upside Intraday Target	723.1
Upside Intraday Target	701.25

Weekly technical analysis of Hindalco (Hindalco)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Jun 2024	695.90	710.05	714.85	693.00	0.07 times
31 Fri May 2024	689.25	686.45	713.40	675.60	1.339 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

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
03 Mon Jun 2024	695.90	710.05	714.85	693.00	0.027 times
31 Fri May 2024	689.25	636.00	713.40	611.65	0.873 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

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 gaining momentum.

MACD generated a BUY signal for Hindalco in short term and the buy signal is strong.

Hindalco Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 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 but buying is losing 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 687.77 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.