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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 2024-10-31 View latest technical analysis

10 day averaged volume of Hindalco is 116223

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	686.05	693.55	693.55	679.30	13.985 times
30 Wed Oct 2024	687.65	693.30	698.90	686.00	0.647 times
29 Tue Oct 2024	693.35	690.35	695.60	676.65	1.101 times
28 Mon Oct 2024	693.05	668.05	696.80	668.05	0.8 times
25 Fri Oct 2024	679.15	690.75	692.60	668.65	0.77 times
24 Thu Oct 2024	690.30	716.95	716.95	666.80	3.35 times
23 Wed Oct 2024	717.45	713.05	730.80	713.05	0.424 times
22 Tue Oct 2024	719.80	737.95	745.15	718.05	0.491 times
21 Mon Oct 2024	739.40	758.45	765.85	737.10	0.406 times
18 Fri Oct 2024	753.40	739.90	756.10	724.95	0.764 times

Stock of Hindalco (Hindalco) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 697.3, but if it comes above 697.3, then a intra day buy could be more profitable.
If you take a sell trade below 697.3, then use 697.3 as stoploss and 670 as target. However if you take a buy trade in stock , then use 697.3 as stoploss and 720.11 as target.

Share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Target	594.00
Downside Target	607.80
Downside Target	633.35
Downside Target	666.80
Upside Target	698.90
Upside Target	745.00
Upside Target	753.95
Upside Target	756.10
Upside Target	764.40
Upside Target	765.85
Upside Target	772.00

Intraday share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Intraday Target	669.77
Downside Intraday Target	653.48
Upside Intraday Target	700.62
Upside Intraday Target	715.18
Downside Intraday Target	684.33

Weekly technical analysis of Hindalco (Hindalco)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	686.05	668.05	698.90	668.05	3.039 times
25 Fri Oct 2024	679.15	758.45	765.85	666.80	1.607 times
18 Fri Oct 2024	753.40	747.30	756.10	721.00	0.643 times
11 Fri Oct 2024	747.30	753.95	753.95	708.80	0.883 times
03 Thu Oct 2024	747.05	754.65	772.00	745.00	0.47 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hindalco (Hindalco)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	686.05	754.90	772.00	666.80	1.024 times
30 Mon Sep 2024	755.95	707.65	764.40	645.60	1.029 times
30 Fri Aug 2024	701.30	680.95	713.00	607.80	0.699 times
31 Wed Jul 2024	668.50	696.05	712.00	633.35	1.136 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 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 SELL. Signal strength is Strong and stock is gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco in short term and SELL signal is strong!

RSI is generating a SELL signal in short term but selling 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 691.62 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 positive

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