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Technicals for Hindalco Industries Limited
By MusingTheNews
2025-08-15 20:37
Overall Technical outlook
Price Summary
Hindalco Industries Limited's stock opened at 701.0 on 2025-08-14, surged to 702.35, hit a low of 688.0, and closed up -0.82% at 695.25, with 4179259 shares traded. Over the past 52 weeks, the stock reached a maximum price of 761.55 and a minimum price of 561.8. The price projection is between 600.0 and 895.0, with an average expected price around 748.2963, according to 27 analysts.
Technicals
Support and Resistance: The price of 695.25 is supported at 672.45 and encounters resistance at 695.35. This suggests key levels where the price might find stability, with 672.45 providing a base and 695.35 acting as an upper boundary for HINDALCO. Support/Resistance for HINDALCO
Aroon: The AROON is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Aroon chart for Hindalco Industries Limited
Bol. Bands: The current reading of the BOLL BANDS indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty. Bolinger Bands chart for Hindalco Industries Limited
Parabolic SAR: The PSAR remains bullish, establishing a key support level that could help uphold the market's upward trajectory. This persistent bullish outlook suggests that the market may continue to rise, with the support providing a foundation for further gains. Parabolic Stop and Reverse chart for Hindalco Industries Limited
Stochastic: The STOCHASTIC is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear. Stochastic chart for Hindalco Industries Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages for HINDALCO are aligned bearishly, indicating a downtrend. However, the slower SMAs are beginning to show signs of weakening, suggesting that the bearish momentum might be losing steam. This could indicate a potential pivot towards a bullish direction in the near future, as the market may be preparing for a trend reversal, moving away from the current downward trajectory. Tripple SMA chart for Hindalco Industries Limited
A thorough analysis of a company involves looking beyond its stock price movements and trading patterns. You must also examine its fundamentals, which include profitability, growth prospects, and competitive advantages. Additionally, the industry in which the company operates provides important context, as factors like technological innovations, regulation, and market demand influence performance. By integrating this information with technical analysis, more accurate predictions about the company's future can be made.
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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