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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)

Showing technical analysis as on 2024-08-08 View latest technical analysis

10 day averaged volume of Hindalco is 216605

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	614.00	627.45	631.15	613.15	0.656 times
07 Wed Aug 2024	624.80	628.95	629.45	617.00	0.46 times
06 Tue Aug 2024	610.10	620.15	628.50	607.80	0.667 times
05 Mon Aug 2024	614.25	628.95	630.00	609.15	1.578 times
02 Fri Aug 2024	648.30	660.20	665.30	646.80	0.818 times
01 Thu Aug 2024	673.65	680.95	690.40	667.70	1.514 times
31 Wed Jul 2024	668.50	667.75	674.35	664.50	1.466 times
30 Tue Jul 2024	660.45	666.45	666.45	654.95	0.431 times
29 Mon Jul 2024	666.50	677.95	677.95	665.25	1.965 times
26 Fri Jul 2024	667.70	658.80	668.50	655.15	0.352 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 633.1, but if it comes above 633.1, then a intra day buy could be more profitable.
If you take a sell trade below 633.1, then use 633.1 as stoploss and 600.5 as target. However if you take a buy trade in stock , then use 633.1 as stoploss and 660.18 as target.

Share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Target	561.50
Downside Target	594.00
Downside Target	607.80
Upside Target	631.15
Upside Target	646.80
Upside Target	675.00
Upside Target	690.40
Upside Target	703.35
Upside Target	712.00
Upside Target	713.40
Upside Target	714.85

Intraday share price targets for Hindalco (Hindalco)

Target Type	Value
Downside Intraday Target	604.15
Downside Intraday Target	594.3
Upside Intraday Target	627.5
Upside Intraday Target	641
Upside Intraday Target	617.65

Weekly technical analysis of Hindalco (Hindalco)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	614.00	628.95	631.15	607.80	0.543 times
02 Fri Aug 2024	648.30	677.95	690.40	646.80	2.306 times
26 Fri Jul 2024	667.70	662.30	675.00	633.35	0.43 times
19 Fri Jul 2024	663.00	690.75	703.35	658.95	2.421 times
12 Fri Jul 2024	692.20	704.90	712.00	685.30	0.287 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 (Hindalco)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	614.00	680.95	690.40	607.80	0.234 times
31 Wed Jul 2024	668.50	696.05	712.00	633.35	1.136 times
28 Fri Jun 2024	693.45	710.05	714.85	594.00	0.657 times
31 Fri May 2024	689.25	636.00	713.40	611.65	0.873 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 (Hindalco)

Price action analysis of Hindalco ( (Hindalco) ) based on a short 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 ( (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 ( (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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Hindalco in short term and the sell signal is strong.

Hindalco Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco in short term and SELL 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 648.63 and Hindalco (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 (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.