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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
15 Tue Jun 390.85 391.00 396.35 390.00 79.29 lakhs
14 Mon Jun 394.80 392.95 397.50 381.35 116.01 lakhs
11 Fri Jun 393.15 388.40 395.00 383.15 96.31 lakhs
10 Thu Jun 385.40 386.15 389.95 384.25 57.96 lakhs
09 Wed Jun 383.15 388.00 390.95 382.30 118.07 lakhs
HINDALCO chart

My analysis of stock is bearish for shortterm, and stock might move down till 385.7 or till 378.9. Use a stoploss of 391.28 and if the stock hits stoploss, then it can shoot up till 396.9

  • Daily Price action analysis of 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.

  • Daily Price action analysis of HINDALCO based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 390.85 as on 15 Tue Jun 15:33

Day open is at 391.00, day high is at 396.35, day low is at 390.00, and day volume is at 3322.75 lakhs so far.

First 15 minute high low range is 391.00 - 394.30

First hour high low range is 390.25 - 395.80

Date Intraday Price Open High Low Volume
15 Tue Jun 15:33 390.85 391.00 396.35 390.00 7925490
15 Tue Jun 15:30 391.00 391.00 396.35 390.00 7925490
15 Tue Jun 15:25 390.90 391.00 396.35 390.20 7715069
15 Tue Jun 15:20 391.10 391.00 396.35 390.25 7549188
15 Tue Jun 15:15 391.40 391.00 396.35 390.25 7400728
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: 392.65 or 391.8
  • Upside target: 394.3
  • Downside target : 387.7
  • Second Upside target: 393.6
  • Second Downside target : 387.25

Hindalco Industries (HINDALCO) weekly technical analysis

Date Weekly Close Open Range Volume
15 Tue Jun 390.85 392.95 381.35
397.50
195.308 lakhs
11 Fri Jun 393.15 396.15 381.10
401.40
507.454 lakhs
04 Fri Jun 395.05 391.55 386.50
405.50
571.719 lakhs
28 Fri May 387.75 392.90 379.45
399.50
894.273 lakhs
21 Fri May 389.80 384.50 377.25
412.80
1205.719 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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
15 Tue Jun 390.85 396.00 381.10
405.50
1137.447 lakhs
31 Mon May 394.25 364.40 357.65
427.50
4894.484 lakhs
30 Fri Apr 364.40 329.75 328.45
377.30
3723.595 lakhs
31 Wed Mar 326.85 342.00 305.40
361.30
2787.773 lakhs
26 Fri Feb 340.25 227.35 226.55
354.60
4648.652 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: 407.6
  • Downside daily target: 388.15

Hindalco Industries Weekly stock price targets

  • Upside weekly target: 426.68
  • Upside weekly target: 405.15
  • Downside weekly target: 383.53
  • Downside weekly target: 363.65
  • Downside weekly target: 345.8

Hindalco Industries Monthly stock price targets

  • Upside monthly target: 445.8
  • Upside monthly target: 411.45
  • Downside monthly target: 389.64
  • Downside monthly target: 361.86
  • Downside monthly target: 344.08
  • Downside monthly target: 324.74
  • Downside monthly target: 288.18
  • Downside monthly target: 264.98
  • Downside monthly target: 250.85
  • Downside monthly target: 237.7
  • Downside monthly target: 214.13
  • Downside monthly target: 200
  • Downside monthly target: 186.08
  • Downside monthly target: 172.24
  • Downside monthly target: 156.78
  • Downside monthly target: 143.58

Hindalco Industries (HINDALCO) indicators technical analysis

Price action analysis of Hindalco Industries (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.

ADX buy sell signal for Hindalco Industries stock for short term is BUY. 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 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 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 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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 392.21 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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