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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)

10 day averaged volume of Hindalco is 279431

Date Daily Closing Price Open High Low Volume
03 Fri May 2024 647.05 655.95 655.95 638.50 0.507 times
02 Thu May 2024 641.40 636.00 646.40 628.45 0.557 times
30 Tue Apr 2024 643.90 652.90 652.90 642.30 0.614 times
29 Mon Apr 2024 650.20 656.55 656.55 641.15 0.67 times
26 Fri Apr 2024 649.55 651.70 661.30 644.00 0.782 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 640.7, but if it comes below 640.7, then a intra day sell could be more profitable.
If you take a sell trade below 640.7, then use 640.7 as stoploss and 614.19 as target. However if you take a buy trade in stock , then use 640.7 as stoploss and 672.4 as target.

Share price targets for Hindalco (Hindalco)

Target Type Value
Downside Target 496.80
Downside Target 537.70
Downside Target 561.50
Downside Target 590.05
Downside Target 620.60
Downside Target 625.20
Downside Target 628.45
Upside Target 655.95
Upside Target 656.55
Upside Target 661.30

Intraday share price targets for Hindalco (Hindalco)

Target Type Value
Downside Intraday Target 631.48
Downside Intraday Target 615.92
Upside Intraday Target 659.58
Upside Intraday Target 672.12
Downside Intraday Target 644.02

Weekly technical analysis of Hindalco (Hindalco)

Date Weekly Closing Price Open High Low Volume
03 Fri May 2024 647.05 656.55 656.55 628.45 0.352 times
26 Fri Apr 2024 649.55 619.30 661.30 608.45 1.053 times
19 Fri Apr 2024 614.50 610.00 625.20 600.80 1.524 times
12 Fri Apr 2024 597.55 572.50 608.50 571.00 0.397 times
05 Fri Apr 2024 569.90 566.60 590.05 561.50 6.837 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
03 Fri May 2024 647.05 636.00 655.95 628.45 0.037 times
30 Tue Apr 2024 643.90 566.60 661.30 561.50 2.008 times
28 Thu Mar 2024 560.45 513.95 569.90 501.10 0.572 times
29 Thu Feb 2024 503.10 582.85 608.80 496.80 1.551 times

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 (Hindalco)

Indicator Name Indicator Value Indicator Signal
ADX 36, 14, 44 Buy
MACD 43, 41Buy
Stochastics 72Buy
CCI 63Buy
RSI 53Buy
OBV 1884823Sell
VWAP 636Buy
ADL 0Sell
ROC 6Buy
Force Index 0Sell

Price action analysis of Hindalco ( (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 ( (Hindalco) ) based on a short 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 ( (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 ( (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 stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

Hindalco 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 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 in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 636.09 and Hindalco (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 (Hindalco) stock. Volume based technical analysis of Hindalco (Hindalco) stock is negative.

Hindalco 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.

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