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2021 Hindalco Industries (HINDALCO) technical analysis [forecast] stock price targets

Hindalco Industries technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Hindalco Industries deals in Aluminium Hindalco Industries option chain analysis

Date Close Open High Low Volume
21 Thu Jan 248.90 252.85 254.55 246.45 87.82 lakhs
20 Wed Jan 252.10 251.60 253.65 248.60 110.91 lakhs
19 Tue Jan 251.55 246.50 252.65 243.35 102.54 lakhs
18 Mon Jan 243.15 252.30 254.25 240.60 179.9 lakhs
15 Fri Jan 253.35 262.00 263.30 251.10 177.38 lakhs
HINDALCO chart

My analysis of stock is bearish for shortterm, and stock might move down till 240.5 or till 227. Use a stoploss of 251.78 and if the stock hits stoploss, then it can shoot up till 263.04

  • Daily Price action analysis of 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of HINDALCO based on a 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.

Intraday technical analysis of Hindalco Industries

Stock is trading at 242.40 as on 22 Fri Jan 11:40

Day open is at 247.25, day high is at 249.80, day low is at 240.25, and day volume is at 547.68 lakhs so far.

First 15 minute high low range is 244.10 - 249.80

First hour high low range is 243.30 - 249.80

Date Intraday Price Open High Low Volume
22 Fri Jan 11:40 242.40 247.25 249.80 240.25 4933997
22 Fri Jan 11:35 243.20 247.25 249.80 240.25 4817030
22 Fri Jan 11:30 243.05 247.25 249.80 240.25 4646275
22 Fri Jan 11:25 241.55 247.25 249.80 240.25 4239015
22 Fri Jan 11:20 241.90 247.25 249.80 241.60 3805297
Intraday HINDALCO chart

Trend of Hindalco Industries is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Hindalco Industries (HINDALCO) intraday stock price targets

  • EntEntry: 246.95 or 249.0875
  • Upside target: 249.8
  • Downside target : 238.4
  • Second Upside target: 251.73
  • Second Downside target : 243.63

Hindalco Industries (HINDALCO) weekly technical analysis

Date Weekly Close Open Range Volume
21 Thu Jan 248.90 252.30 240.60
254.55
481.164 lakhs
15 Fri Jan 253.35 267.60 251.10
270.50
649.392 lakhs
08 Fri Jan 268.20 240.90 239.55
275.40
1085.749 lakhs
01 Fri Jan 238.35 239.15 232.65
242.00
415.716 lakhs
24 Thu Dec 236.95 246.00 227.00
249.75
622.535 lakhs
weekly HINDALCO chart

Weekly forecast of Hindalco Industries is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Hindalco Industries 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.

Weekly Price action analysis of Hindalco Industries 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.

Hindalco Industries (HINDALCO) Monthly technical analysis

Date Monthly Close Open Range Volume
21 Thu Jan 248.90 239.00 237.60
275.40
2267.224 lakhs
31 Thu Dec 240.55 230.80 222.50
255.95
3619.115 lakhs
27 Fri Nov 226.35 171.50 167.65
231.25
4257.743 lakhs
30 Fri Oct 170.65 177.20 165.30
187.70
3153.17 lakhs
30 Wed Sep 175.25 185.20 154.40
196.90
3872.672 lakhs
monthly HINDALCO chart

Monthly forecast of Hindalco Industries is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Hindalco Industries 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.

Monthly Price action analysis of Hindalco Industries 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.

Hindalco Industries Daily stock price targets

  • Upside daily target: 272.45
  • Upside daily target: 258.33
  • Downside daily target: 244.65

Hindalco Industries Weekly stock price targets

  • Upside weekly target: 289.73
  • Upside weekly target: 271.05
  • Upside weekly target: 256.51
  • Downside weekly target: 243.4
  • Downside weekly target: 231.5
  • Downside weekly target: 219.28

Hindalco Industries Monthly stock price targets

  • Upside monthly target: 281.05
  • Upside monthly target: 264.98
  • Downside monthly target: 243.74
  • Downside monthly target: 231.53
  • Downside monthly target: 215.4
  • Downside monthly target: 197
  • Downside monthly target: 186.08
  • Downside monthly target: 173
  • Downside monthly target: 162.15
  • Downside monthly target: 153.8
  • Downside monthly target: 143.58
  • Downside monthly target: 133.86
  • Downside monthly target: 126.58
  • Downside monthly target: 109.3

Hindalco Industries (HINDALCO) indicators technical analysis

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.

ADX buy sell signal for Hindalco Industries stock for short term is SELL. 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 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 in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindalco Industries in short term and SELL 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 257.31 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.

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