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(HINDALCO) Hindalco Industries complete technical analysis [charts+indicators] | Buy/Sell Hindalco Industries | (HINDALCO) share price targets

Complete technical analysis of Hindalco Industries (HINDALCO) by charts plus indicators, forecast predictions and share price targets for Hindalco Industries (HINDALCO)

Hindalco Industries trades in NSE in Aluminium sector.

10 day averaged volume of Hindalco Industries is 10442413

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	611.80	618.50	618.75	610.40	0.589 times
22 Mon Apr 2024	618.55	620.65	622.45	612.70	0.623 times
19 Fri Apr 2024	614.75	609.00	616.30	600.70	0.617 times
18 Thu Apr 2024	612.80	616.40	625.00	609.80	0.953 times
16 Tue Apr 2024	608.85	612.70	621.40	606.80	1.027 times
15 Mon Apr 2024	612.70	615.00	625.40	605.70	2.592 times
12 Fri Apr 2024	598.65	609.05	609.05	595.30	1.532 times
10 Wed Apr 2024	603.05	596.20	604.90	591.05	1.125 times
09 Tue Apr 2024	588.60	578.10	595.45	574.00	0.75 times
08 Mon Apr 2024	576.80	572.00	579.70	570.50	0.314 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 607.9, but if it comes below 607.9, then a intra day sell could be more profitable.
If you take a sell trade below 607.9, then use 607.9 as stoploss and 583.74 as target. However if you take a buy trade in stock , then use 607.9 as stoploss and 636.9 as target.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	496.35
Downside Target	514.00
Downside Target	537.60
Downside Target	561.55
Downside Target	590.00
Downside Target	609.05
Downside Target	610.40
Upside Target	618.00
Upside Target	620.50
Upside Target	622.45
Upside Target	625.40

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	607.32
Downside Intraday Target	602.83
Upside Intraday Target	619.37
Upside Intraday Target	626.93
Upside Intraday Target	614.88

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	611.80	620.65	622.45	610.40	0.234 times
19 Fri Apr 2024	614.75	615.00	625.40	600.70	1.395 times
12 Fri Apr 2024	598.65	572.00	609.05	570.50	1.275 times
05 Fri Apr 2024	570.05	570.00	590.00	561.55	1.461 times
28 Thu Mar 2024	560.25	545.65	566.65	545.00	0.679 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 Industries (HINDALCO)

Date	Monthly Closing Price	Open	High	Low	Volume
23 Tue Apr 2024	611.80	570.00	625.40	561.55	1.134 times
28 Thu Mar 2024	560.25	510.00	566.65	501.20	0.55 times
29 Thu Feb 2024	503.85	578.00	608.95	496.35	2.008 times
31 Wed Jan 2024	579.35	614.50	620.50	537.60	0.912 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 Industries (HINDALCO)

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Hindalco Industries ( (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 Industries ( (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 Industries stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

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

Hindalco Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

CCI has generated a SELL signal for Hindalco Industries in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Hindalco Industries is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 606.65 and Hindalco Industries (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 Industries (HINDALCO) stock. Volume based technical analysis of Hindalco Industries (HINDALCO) stock is negative.

Hindalco Industries 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.