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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (October 02, 2023 – October 06, 2023)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 6.08%.

Technically, Hindalco share price will see immediate support at 473.23 and immediate resistance would be seen at 503.28.

If Hindalco share price closes below immediate support of 473.23, then sharp breakdown can be seen. Hindalco share price will see major support at 453.82 for the week.

On the positive side, immediate resistance will be seen at 503.28. Closing above 503.28, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 513.92 for the week.

Trading range for Hindalco share price for this week should be between 443.18 on down side and 533.33 on up side.

Hindalco Previous Week High: 494.5

Hindalco Previous Week Low: 464.45

Hindalco Previous Week Range: 30.05 Points

Hindalco share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 533.33
Resistance 2 513.92
Resistance 1 503.28
Support 1 473.23
Support 2 453.82
Support 3 443.18
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