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Stock analysis Hindalco Industries Limited HINDALCO

More indepth analysis on MunafaSutra.com

Moving Averages for Hindalco Industries Limited

  • 5Day Average: 581.79
  • 12Day Average: 595.15
  • 20Day Average: 610.72
  • 50Day Average: 641.82
  • 100Day Average: 674.05
  • 150Day Average: 672.24
  • 200Day Average: 664.51

HINDALCO Indicators & signals

Indicator MACD (12,26,9)

595.56, 615.64, -18.13
Indicator MACD is in negative zone

Indicator ADX (14)

50.55, 10.19, 31.02
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 37
Indicator RSI is indicating selling pressure and stock might fall.

Recent prices of HINDALCO Hindalco Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
10 Fri Jan 2025 574.45 571.60 to 589.25 -2.51% 1.57 times
09 Thu Jan 2025 589.25 578.65 to 596.85 0.44% 1.13 times
08 Wed Jan 2025 586.65 577.45 to 587.60 0.37% 0.6 times
07 Tue Jan 2025 584.50 572.05 to 588.40 1.81% 0.8 times
06 Mon Jan 2025 574.10 571.60 to 593.85 -2.88% 1.66 times
03 Fri Jan 2025 591.15 590.00 to 599.75 -1.31% 0.93 times
02 Thu Jan 2025 599.00 588.60 to 600.55 1.02% 1.26 times
01 Wed Jan 2025 592.95 587.50 to 603.75 -1.58% 1.37 times
31 Tue Dec 2024 602.45 597.45 to 605.90 0.22% 0.56 times
30 Mon Dec 2024 601.10 599.15 to 620.30 -2.64% 1.19 times
27 Fri Dec 2024 617.40 615.70 to 632.85 -1.81% 0.5 times
26 Thu Dec 2024 628.75 626.75 to 633.45 0.21% 0.66 times

Technical analysis forecast for Hindalco Industries Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Hindalco Industries Limited HINDALCO at this time. Stock is falling and might fall more.

It appears as if Hindalco Industries Limited HINDALCO gave a large move recently.

Stock of Hindalco Industries Limited (HINDALCO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Hindalco Industries Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Hindalco Industries Limited stays below 584.8, but if it comes above 584.8, then a intra day buy could be more profitable.
If you take a sell trade below 584.8, then use 584.8 as stoploss and 557.1 as target. However if you take a buy trade in Hindalco Industries Limited, then use 584.8 as stoploss and 607.98 as target.

More indepth analysis on MunafaSutra.com