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Technicals for Hindalco Industries Limited
By MusingTheNews
2025-07-16 20:37
Overall Technical outlook
Price Summary
Hindalco Industries Limited's stock opened at 668.0 on 2025-07-16, surged to 670.6, hit a low of 664.0, and closed up -0.19% at 666.75, with 4496554 shares traded. The stock reached its highest price of 761.55 and its lowest price of 561.8 during the 52-week period. Based on recommendations from 27 analysts, the future price of HINDALCO is expected to range from 600.0 to 895.0, with an average price expectation around 749.0741.
Technicals
Support and Resistance: The price sits at 666.75, supported by 653.55 and resisted by 695.35. This indicates a trading range where 653.55 provides a floor, preventing declines, and 695.35 acts as a ceiling, limiting further price increases for HINDALCO. Support/Resistance for HINDALCO
Aroon: The current reading of the AROON is neutral for HINDALCO, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Aroon chart for Hindalco Industries Limited
Bol. Bands: The current reading of the BOLL BANDS is neutral for HINDALCO, with no clear signals for an upward or downward trend. This indicates that the market may be in a state of uncertainty, with no dominant force driving the direction. Bolinger Bands chart for Hindalco Industries Limited
Parabolic SAR: The PSAR for HINDALCO continues to signal a bearish stance, reinforcing a resistance level that could restrict upward movement. This resistance suggests that the market may remain under bearish pressure, with limited potential for breaking higher. Parabolic Stop and Reverse chart for Hindalco Industries Limited
Stochastic: The Stochastic K-line's position below the D-line and under 20 suggests a mildly bearish market condition. This setup indicates potential downside risk, but the bearish signal is not very strong. Traders should watch for further developments before making any decisions. Stochastic chart for Hindalco Industries Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend for Hindalco Industries Limited, but the wavering slopes of the 20 and 50 SMAs indicate that this momentum may be weakening. This loss of strength could be a sign that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should watch for signs of a trend change as the current downtrend starts to fade. Tripple SMA chart for Hindalco Industries Limited
To accurately interpret a company's technical data, it is important to first examine its fundamentals. These include financial performance, management quality, and growth prospects. In addition, understanding the dynamics of the industry in which the company operates—such as competition, market trends, and regulatory factors—provides further insights. This combined analysis helps create a fuller picture, allowing for more precise conclusions to be drawn from the company's technical performance and stock behavior.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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