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HINDALCO NEWS why is Hindalco Industries Limited price falling or rising

HINDALCO NEWS reasons for why stock price of Hindalco Industries Limited is falling or rising

HINDALCO Hindalco Industries is falling or rising technical reasons

Technical analysis forecast for Hindalco Industries Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Hindalco Industries HINDALCO at this time. Stock is falling and might fall more.

It appears as if Hindalco Industries HINDALCO gave a large move recently.

Stock of Hindalco Industries (HINDALCO) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Hindalco Industries is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 394.1 as stoploss in an intra day buy trade for a target of 406.01. However, stock will show a bearish move below 394.1.

HINDALCO Hindalco Industries is falling or rising NEWS fundamental reasons

Company Announcement Hindalco Industries Limited has informed the Exchange regarding 'Postal Ballot Results'. - NEWS as on 2023-03-22

Company Announcement Hindalco Industries Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2023-03-21

Hindalco Industries cracks 5%, experts see more pain ahead The stock has fallen 24 percent since January 2023 highs. Experts see the possibility of the stock touching the lows of September at around Rs 359, another 6-odd percent correction from current levels - NEWS as on 2023-03-16 moneycontrol.com

Company Announcement Hindalco Industries Limited has informed the Exchange regarding 'Regulation 74(5) Securities and Exchange Board of India (Depositories and Participants) - NEWS as on 2023-03-06

Company Announcement Hindalco Industries Limited has informed the Exchange about Schedule of meet - NEWS as on 2023-03-02

Company Announcement Hindalco Industries Limited has informed the Exchange about Newspaper Advertisement regarding the Notice of Postal ballot & Remote e-voting - NEWS as on 2023-02-23

More announcements and NEWS

HINDALCO Hindalco Industries Limited current price & indicator signals

Moving Averages for Hindalco Industries Limited

  • 5Day Average: 392.51
  • 12Day Average: 398.4
  • 20Day Average: 404.94
  • 50Day Average: 439.09
  • 100Day Average: 445.3
  • 150Day Average: 433.59
  • 200Day Average: 418.53

HINDALCO Indicators & signals

Indicator MACD (12,26,9)

398.93, 411.19, -12.89
Indicator MACD is in negative zone

Indicator ADX (14)

30.1, 15.96, 29.7
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of HINDALCO Hindalco Industries Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
23 Thu Mar 2023 398.80 386.00 to 400.65 1.54% 1.39 times
22 Wed Mar 2023 392.75 388.25 to 396.75 1.08% 0.87 times
21 Tue Mar 2023 388.55 384.95 to 390.60 0.73% 0.81 times
20 Mon Mar 2023 385.75 381.00 to 394.05 -2.76% 0.84 times
17 Fri Mar 2023 396.70 386.55 to 398.05 3.05% 1.31 times
16 Thu Mar 2023 384.95 383.10 to 400.85 -5.22% 2.23 times
15 Wed Mar 2023 406.15 405.00 to 412.75 0.86% 0.76 times
14 Tue Mar 2023 402.70 399.45 to 407.95 0.11% 0.78 times
13 Mon Mar 2023 402.25 398.50 to 414.95 -0.84% 0.79 times
10 Fri Mar 2023 405.65 395.40 to 409.50 -0.78% 0.7 times
09 Thu Mar 2023 408.85 408.00 to 418.50 0.27% 0.93 times
08 Wed Mar 2023 407.75 396.10 to 409.95 -1.63% 0.94 times

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