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Technicals for Hindalco Industries Limited
By MusingTheNews
2025-06-13 20:37
Overall Technical outlook
Price Summary
On 2025-06-12, Hindalco Industries Limited's stock began at 656.0, peaked at 661.75, bottomed at 648.2, and closed -0.75% down at 651.05, with a volume of 6538941 shares. The peak price for the stock in the past 52 weeks is 761.55, with the lowest price being 561.8. Analysts predict that the future price will fluctuate between 600.0 and 895.0, with the mean expected price being approximately 751.3929.
Technicals
Support and Resistance: The price of 651.05 is supported at 629.35 and faces resistance at 653.55. This range suggests key levels for HINDALCO where the price may stabilize, with 629.35 acting as a support and 653.55 as a cap on gains. 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 BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Hindalco Industries Limited
Parabolic SAR: The PSAR continues to indicate a bullish outlook, setting a crucial support level. This strong support could bolster the ongoing upward trend, suggesting that the market may remain in a positive trajectory. Investors may view this as a sign of sustained bullish momentum. Parabolic Stop and Reverse chart for Hindalco Industries Limited
Stochastic: The STOCHASTIC is showing a neutral stance, not indicating a clear upward or downward trend for Hindalco Industries Limited. This suggests a period of market balance, where neither side is showing dominance. Stochastic chart for Hindalco Industries Limited
Tripple Moving Agerage: The current state of the Tripple MOVING AVG is neutral for HINDALCO, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements. Tripple SMA chart for Hindalco Industries Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
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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