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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 9208913

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri May 2024	625.60	620.10	629.55	618.00	0.474 times
09 Thu May 2024	619.40	634.00	637.75	615.00	0.715 times
08 Wed May 2024	633.50	615.10	634.45	615.10	0.834 times
07 Tue May 2024	620.20	646.90	646.90	611.75	1.171 times
06 Mon May 2024	638.80	650.00	655.00	629.30	1.096 times
03 Fri May 2024	647.10	655.05	655.05	638.40	1.155 times
02 Thu May 2024	641.45	635.90	646.90	628.65	1.947 times
30 Tue Apr 2024	644.40	653.60	653.70	642.30	0.518 times
29 Mon Apr 2024	650.05	654.95	655.40	641.20	0.451 times
26 Fri Apr 2024	649.30	650.95	661.60	643.00	0.819 times

My analysis of stock is bearish for shortterm, and stock might move down till 610.5 or till 591. Use a stoploss of 626.69 and if the stock hits stoploss, then it can shoot up till 642.92

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	496.35
Downside Target	537.60
Downside Target	561.55
Downside Target	600.70
Downside Target	620.50
Downside Target	625.40
Upside Target	628.65
Upside Target	655.00
Upside Target	655.05
Upside Target	655.40
Upside Target	661.60

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	606.57
Downside Intraday Target	587.53
Upside Intraday Target	649.82
Upside Intraday Target	674.03
Upside Intraday Target	630.78

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri May 2024	625.60	650.00	655.00	611.75	1.054 times
03 Fri May 2024	647.10	654.95	655.40	628.65	0.855 times
26 Fri Apr 2024	649.30	620.65	661.60	608.70	0.81 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

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
10 Fri May 2024	625.60	635.90	655.05	611.75	0.386 times
30 Tue Apr 2024	644.40	570.00	661.60	561.55	1.468 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

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 Industries (HINDALCO)

Price action analysis of Hindalco Industries ( (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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Hindalco Industries in short term but the sell signal is initial and weak.

Hindalco Industries 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. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Hindalco Industries 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 637.16 and Hindalco Industries (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 Industries (HINDALCO) stock. Volume based technical analysis of Hindalco Industries (HINDALCO) stock is negative.

Hindalco Industries 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.