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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (December 18, 2023 – December 22, 2023)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 7.50%.

Technically, Hindalco share price will see immediate support at 529.88 and immediate resistance would be seen at 571.83.

If Hindalco share price closes below immediate support of 529.88, then sharp breakdown can be seen. Hindalco share price will see major support at 502.52 for the week.

On the positive side, immediate resistance will be seen at 571.83. Closing above 571.83, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 586.42 for the week.

Trading range for Hindalco share price for this week should be between 487.93 on down side and 613.78 on up side.

Hindalco Previous Week High: 559.05

Hindalco Previous Week Low: 517.1

Hindalco Previous Week Range: 41.95 Points

Hindalco share price support and resistance for the week (December 18, 2023 – December 22, 2023)

Level Type Value
Resistance 3 613.78
Resistance 2 586.42
Resistance 1 571.83
Support 1 529.88
Support 2 502.52
Support 3 487.93
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{"buy_point":[],"sell_point":[]}

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