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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)

10 day averaged volume of Hindalco is 256863

Date Daily Closing Price Open High Low Volume
29 Wed Mar 2023 398.45 392.15 400.50 389.75 1.843 times
28 Tue Mar 2023 392.85 392.40 399.80 391.80 0.802 times
27 Mon Mar 2023 390.00 390.00 396.50 389.35 1.643 times
24 Fri Mar 2023 388.35 399.20 401.00 386.10 1.233 times
23 Thu Mar 2023 398.80 385.95 400.55 385.95 1.55 times
22 Wed Mar 2023 392.95 391.95 396.70 388.65 0.644 times
21 Tue Mar 2023 388.30 389.70 390.50 385.00 0.482 times
20 Mon Mar 2023 385.70 392.90 393.50 381.00 0.984 times
17 Fri Mar 2023 396.75 389.95 398.00 386.55 1.282 times
16 Thu Mar 2023 385.05 400.00 400.40 383.30 1.05 times

My analysis of stock is bearish for shortterm, and stock might move down till 390.5 or till 378.8. Use a stoploss of 400.28 and if the stock hits stoploss, then it can shoot up till 410.06

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 381.00
Upside Target 415.00
Upside Target 419.20
Upside Target 422.10
Upside Target 427.65
Upside Target 458.90
Upside Target 460.30
Upside Target 480.65
Upside Target 483.50
Upside Target 504.00

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 391.7
Downside Intraday Target 384.95
Upside Intraday Target 402.85
Upside Intraday Target 407.25
Downside Intraday Target 396.1

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
29 Wed Mar 2023 398.45 390.00 400.50 389.35 0.877 times
24 Fri Mar 2023 388.35 392.90 401.00 381.00 1.322 times
17 Fri Mar 2023 396.75 407.05 415.00 383.30 0.915 times
10 Fri Mar 2023 405.60 417.05 422.10 395.65 1.46 times
03 Fri Mar 2023 416.60 415.70 419.20 398.25 0.877 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
29 Wed Mar 2023 398.45 401.40 422.10 381.00 1.622 times
28 Tue Feb 2023 399.20 472.15 480.65 398.25 0.567 times
31 Tue Jan 2023 468.55 475.00 504.00 458.90 0.8 times
30 Fri Dec 2022 473.25 452.00 483.50 427.65 0.788 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Hindalco (Hindalco)

Indicator Name Indicator Value Indicator Signal
ADX 15, 21, 19 Sell
MACD -21, -23Buy
Stochastics 51None
CCI 113Buy
RSI 39Sell
OBV 1392228Sell
VWAP 393Buy
ADL 0Sell
ROC -2Sell
Force Index 0Sell

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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Hindalco in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 392.59 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 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

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Daily charts

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

Daily chart

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