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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (January 15, 2024 – January 19, 2024)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 3.69%.

Technically, Hindalco share price will see immediate support at 570.97 and immediate resistance would be seen at 592.82.

If Hindalco share price closes below immediate support of 570.97, then sharp breakdown can be seen. Hindalco share price will see major support at 559.88 for the week.

On the positive side, immediate resistance will be seen at 592.82. Closing above 592.82, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 603.58 for the week.

Trading range for Hindalco share price for this week should be between 549.12 on down side and 614.67 on up side.

Hindalco Previous Week High: 592.5

Hindalco Previous Week Low: 570.65

Hindalco Previous Week Range: 21.85 Points

Hindalco share price support and resistance for the week (January 15, 2024 – January 19, 2024)

Level Type Value
Resistance 3 614.67
Resistance 2 603.58
Resistance 1 592.82
Support 1 570.97
Support 2 559.88
Support 3 549.12
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