Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-09 View latest technical analysis

10 day averaged volume of Hindalco is 214578

Date Daily Closing Price Open High Low Volume
09 Fri Aug 2024 622.65 622.00 626.35 615.00 0.328 times
08 Thu Aug 2024 614.00 627.45 631.15 613.15 0.663 times
07 Wed Aug 2024 624.80 628.95 629.45 617.00 0.464 times
06 Tue Aug 2024 610.10 620.15 628.50 607.80 0.673 times
05 Mon Aug 2024 614.25 628.95 630.00 609.15 1.593 times
02 Fri Aug 2024 648.30 660.20 665.30 646.80 0.825 times
01 Thu Aug 2024 673.65 680.95 690.40 667.70 1.528 times
31 Wed Jul 2024 668.50 667.75 674.35 664.50 1.48 times
30 Tue Jul 2024 660.45 666.45 666.45 654.95 0.435 times
29 Mon Jul 2024 666.50 677.95 677.95 665.25 1.983 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 629.5, but if it comes above 629.5, then a intra day buy could be more profitable.
If you take a sell trade below 629.5, then use 629.5 as stoploss and 597.2 as target. However if you take a buy trade in stock , then use 629.5 as stoploss and 656.51 as target.

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 561.50
Downside Target 594.00
Downside Target 607.80
Upside Target 631.15
Upside Target 646.80
Upside Target 675.00
Upside Target 690.40
Upside Target 703.35
Upside Target 712.00
Upside Target 713.40
Upside Target 714.85

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 609.92
Downside Intraday Target 597.18
Upside Intraday Target 633.27
Upside Intraday Target 643.88
Downside Intraday Target 620.53

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
09 Fri Aug 2024 622.65 628.95 631.15 607.80 0.595 times
02 Fri Aug 2024 648.30 677.95 690.40 646.80 2.306 times
26 Fri Jul 2024 667.70 662.30 675.00 633.35 0.43 times
19 Fri Jul 2024 663.00 690.75 703.35 658.95 2.421 times
12 Fri Jul 2024 692.20 704.90 712.00 685.30 0.287 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
09 Fri Aug 2024 622.65 680.95 690.40 607.80 0.247 times
31 Wed Jul 2024 668.50 696.05 712.00 633.35 1.136 times
28 Fri Jun 2024 693.45 710.05 714.85 594.00 0.657 times
31 Fri May 2024 689.25 636.00 713.40 611.65 0.873 times

Scroll below to view daily charts

Price has moved down 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Hindalco ( (Hindalco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hindalco ( (Hindalco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hindalco ( (Hindalco) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Hindalco stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hindalco in short term and the sell signal is strong.

Hindalco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hindalco in short term but BUY 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 647.1 and Hindalco (Hindalco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Hindalco (Hindalco) stock. Volume based technical analysis of Hindalco (Hindalco) stock is negative.

Hindalco Stock has given negative 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Hindalco ( (Hindalco) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hindalco ( (Hindalco) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hindalco ( (Hindalco) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Hindalco stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Hindalco in short term and the sell signal is strong.

Hindalco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Hindalco in short term but BUY 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 647.1 and Hindalco (Hindalco) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Hindalco (Hindalco) stock. Volume based technical analysis of Hindalco (Hindalco) stock is negative.

Hindalco Stock has given negative 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme