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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (January 01, 2024 – January 05, 2024)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 7.69%.

Technically, Hindalco share price will see immediate support at 584.23 and immediate resistance would be seen at 631.73.

If Hindalco share price closes below immediate support of 584.23, then sharp breakdown can be seen. Hindalco share price will see major support at 553.62 for the week.

On the positive side, immediate resistance will be seen at 631.73. Closing above 631.73, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 648.62 for the week.

Trading range for Hindalco share price for this week should be between 536.73 on down side and 679.23 on up side.

Hindalco Previous Week High: 618

Hindalco Previous Week Low: 570.5

Hindalco Previous Week Range: 47.5 Points

Hindalco share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 679.23
Resistance 2 648.62
Resistance 1 631.73
Support 1 584.23
Support 2 553.62
Support 3 536.73
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