HINDALCO Outlook for the Week (December 23, 2024 – December 27, 2024)
Hindalco Industries closed the previous week on a negative note losing -5.84%.
Technically, Hindalco Industries share price will see immediate support at 602.30 and immediate resistance would be seen at 654.80.
If Hindalco Industries share price closes below immediate support of 602.30, then sharp breakdown can be seen. Hindalco Industries share price will see major support at 581.95 for the week.
On the positive side, immediate resistance will be seen at 654.80. Closing above 654.80, Hindalco Industries share price will see a sharp breakout. Major resistance for Hindalco Industries share price will be seen at 686.95 for the week.
Trading range for Hindalco Industries share price for this week should be between 549.80 on down side and 707.30 on up side.
Hindalco Industries Previous Week Open: 661.3
Hindalco Industries Previous Week High: 666.6
Hindalco Industries Previous Week Low: 614.1
Hindalco Industries Previous Week Close: 622.65
Hindalco Industries Previous Week Range: 52.5 Points
Hindalco Industries share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 707.30 |
| Resistance 2 | 686.95 |
| Resistance 1 | 654.80 |
| Support 1 | 602.30 |
| Support 2 | 581.95 |
| Support 3 | 549.80 |
