An engaging overview of the latest fintech and digital banking trends —...
Technicals for Hindalco Industries Limited
By MusingTheNews
2026-02-02 20:37
Overall Technical outlook
Price Summary
Hindalco Industries Limited's stock spiked 2.74% today, marking a fantastic performance in the market. On 2026-02-02, Hindalco Industries Limited's stock began at 905.7, climbed to 936.75, dropped to 897.5, and had 2.74% to end at 930.5, with a volume of 9659070 shares. During the past 52 weeks, the highest stock price was 1024.05, and the lowest was 561.8. As per recommendations from 28 analysts, HINDALCO's future price is expected to span between 695.0 and 1240.0, with a mean price around 897.1071.
Technicals
Support and Resistance: The current price of 930.5 is supported at 900.95, with resistance at 942.25. This suggests that the price for HINDALCO might remain between these levels, where 900.95 acts as a floor and 942.25 as a ceiling in the market. Support/Resistance for HINDALCO
Aroon: The AROON 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. Aroon chart for Hindalco Industries Limited
Bol. Bands: The BOLL BANDS 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. Bolinger Bands chart for Hindalco Industries Limited
Parabolic SAR: The PSAR has reversed from bullish to bearish, signaling a possible trend change for HINDALCO. This shift could indicate a strong bearish signal if it aligns with other market indicators. Traders should monitor the situation closely and wait for further confirmation before making decisions. Parabolic Stop and Reverse chart for Hindalco Industries Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. 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
Analyzing the technical indicators of a company, such as stock price and trading volume, requires first understanding its fundamentals. These fundamentals include profitability, growth potential, and market position. Furthermore, knowing the broader industry trends and competitive landscape provides critical context. When both the company's internal data and the external environment are considered, it allows for more meaningful conclusions about the company's technical performance and future trajectory.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
An investor-focused analysis of how 2025 tariffs are reaching consumers in 2026,...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.