HINDALCO Outlook for the Week (November 11, 2024 – November 15, 2024)
Hindalco Industries closed the previous week on a negative note losing -5.60%.
Technically, Hindalco Industries share price will see immediate support at 626.42 and immediate resistance would be seen at 694.37.
If Hindalco Industries share price closes below immediate support of 626.42, then sharp breakdown can be seen. Hindalco Industries share price will see major support at 602.38 for the week.
On the positive side, immediate resistance will be seen at 694.37. Closing above 694.37, Hindalco Industries share price will see a sharp breakout. Major resistance for Hindalco Industries share price will be seen at 738.28 for the week.
Trading range for Hindalco Industries share price for this week should be between 558.47 on down side and 762.32 on up side.
Hindalco Industries Previous Week Open: 689
Hindalco Industries Previous Week High: 714.25
Hindalco Industries Previous Week Low: 646.3
Hindalco Industries Previous Week Close: 650.45
Hindalco Industries Previous Week Range: 67.95 Points
Hindalco Industries share price support and resistance for the week (November 11, 2024 - November 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 762.32 |
| Resistance 2 | 738.28 |
| Resistance 1 | 694.37 |
| Support 1 | 626.42 |
| Support 2 | 602.38 |
| Support 3 | 558.47 |
