Stock analysis Hindalco Industries Limited HINDALCO
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Recent prices of HINDALCO Hindalco Industries Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 03 Fri May 2024 | 647.10 | 638.40 to 655.05 | 0.88% | 1.22 times |
| 02 Thu May 2024 | 641.45 | 628.65 to 646.90 | -0.46% | 2.06 times |
| 30 Tue Apr 2024 | 644.40 | 642.30 to 653.70 | -0.87% | 0.55 times |
| 29 Mon Apr 2024 | 650.05 | 641.20 to 655.40 | 0.12% | 0.48 times |
| 26 Fri Apr 2024 | 649.30 | 643.00 to 661.60 | 0.39% | 0.87 times |
| 25 Thu Apr 2024 | 646.80 | 628.10 to 648.25 | 1.68% | 1.37 times |
| 24 Wed Apr 2024 | 636.10 | 608.70 to 637.65 | 3.97% | 1.35 times |
| 23 Tue Apr 2024 | 611.80 | 610.40 to 618.75 | -1.09% | 0.71 times |
| 22 Mon Apr 2024 | 618.55 | 612.70 to 622.45 | 0.62% | 0.75 times |
| 19 Fri Apr 2024 | 614.75 | 600.70 to 616.30 | 0.32% | 0.74 times |
| 18 Thu Apr 2024 | 612.80 | 609.80 to 625.00 | 0.65% | 1.14 times |
| 16 Tue Apr 2024 | 608.85 | 606.80 to 621.40 | -0.63% | 1.23 times |
Technical analysis forecast of Hindalco Industries Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Hindalco Industries Limited HINDALCO at this time. Stock is rising and might rise more.
It appears as if Hindalco Industries Limited HINDALCO gave a large move recently.
Stock of Hindalco Industries Limited (HINDALCO) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Hindalco Industries Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Hindalco Industries Limited stays above 642.8, but if it comes below 642.8, then a intra day sell could be more profitable.
If you take a sell trade below 642.8, then use 642.8 as stoploss and 616.35 as target. However if you take a buy trade in Hindalco Industries Limited, then use 642.8 as stoploss and 674.5 as target.