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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 11419317

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	646.80	635.70	648.25	628.10	1.042 times
24 Wed Apr 2024	636.10	611.80	637.65	608.70	1.031 times
23 Tue Apr 2024	611.80	618.50	618.75	610.40	0.539 times
22 Mon Apr 2024	618.55	620.65	622.45	612.70	0.57 times
19 Fri Apr 2024	614.75	609.00	616.30	600.70	0.564 times
18 Thu Apr 2024	612.80	616.40	625.00	609.80	0.872 times
16 Tue Apr 2024	608.85	612.70	621.40	606.80	0.939 times
15 Mon Apr 2024	612.70	615.00	625.40	605.70	2.37 times
12 Fri Apr 2024	598.65	609.05	609.05	595.30	1.401 times
10 Wed Apr 2024	603.05	596.20	604.90	591.05	1.029 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 650.2, for a target of 619.3 or 593.51

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	608.95
Downside Target	609.05
Downside Target	618.00
Downside Target	620.50
Downside Target	625.40
Upside Target	648.25

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	620.92
Downside Intraday Target	595.03
Upside Intraday Target	660.47
Upside Intraday Target	674.13
Downside Intraday Target	634.58

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	646.80	620.65	648.25	608.70	0.67 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 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 Industries (HINDALCO)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	646.80	570.00	648.25	561.55	1.331 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 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 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 gaining momentum.

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

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

Hindalco Industries Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a buy signal for Hindalco Industries in short term and BUY signal is strong.

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

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 615.65 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.