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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.

Showing technical analysis as on 2024-03-14 View latest technical analysis

10 day averaged volume of Hindalco Industries is 6657773

Date	Daily Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	525.25	512.00	526.35	507.00	1.554 times
13 Wed Mar 2024	507.00	529.35	530.00	501.20	0.858 times
12 Tue Mar 2024	528.95	533.10	536.85	525.30	0.556 times
11 Mon Mar 2024	533.70	540.00	543.25	532.10	0.83 times
07 Thu Mar 2024	536.70	530.80	540.85	529.25	1.188 times
06 Wed Mar 2024	526.95	522.05	527.90	513.95	0.697 times
05 Tue Mar 2024	522.10	524.00	528.30	520.20	0.861 times
04 Mon Mar 2024	524.95	524.00	529.85	520.05	0.9 times
02 Sat Mar 2024	522.85	523.00	524.00	518.00	0.094 times
01 Fri Mar 2024	519.10	510.00	522.50	510.00	1.484 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 527.6 as stoploss in an intra day sell trade for a target of 518.07. However, stock will show a bullish move above 527.6.

Share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Target	456.00
Downside Target	496.35
Upside Target	537.60
Upside Target	538.00
Upside Target	540.85
Upside Target	543.25
Upside Target	601.80
Upside Target	608.95
Upside Target	618.00
Upside Target	620.50

Intraday share price targets for Hindalco Industries (HINDALCO)

Target Type	Value
Downside Intraday Target	503.22
Downside Intraday Target	481.18
Upside Intraday Target	545.27
Upside Intraday Target	565.28
Downside Intraday Target	523.23

Weekly technical analysis of Hindalco Industries (HINDALCO)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Thu Mar 2024	525.25	540.00	543.25	501.20	1.042 times
07 Thu Mar 2024	536.70	524.00	540.85	513.95	0.526 times
02 Sat Mar 2024	522.85	519.40	524.00	499.00	1.047 times
23 Fri Feb 2024	518.35	518.75	538.00	507.15	0.475 times
16 Fri Feb 2024	515.70	591.90	601.80	496.35	2.629 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
14 Thu Mar 2024	525.25	510.00	543.25	501.20	0.275 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
29 Fri Dec 2023	614.85	520.05	618.00	514.00	1.068 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hindalco Industries ( (HINDALCO) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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

MACD generated a BUY signal for Hindalco Industries 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 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 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 Industries in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 524.79 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 negative.

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