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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (May 27, 2024 – May 31, 2024)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 5.08%.

Technically, Hindalco share price will see immediate support at 658.07 and immediate resistance would be seen at 693.57.

If Hindalco share price closes below immediate support of 658.07, then sharp breakdown can be seen. Hindalco share price will see major support at 642.88 for the week.

On the positive side, immediate resistance will be seen at 693.57. Closing above 693.57, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 713.88 for the week.

Trading range for Hindalco share price for this week should be between 622.57 on down side and 729.07 on up side.

Hindalco Previous Week High: 698.7

Hindalco Previous Week Low: 663.2

Hindalco Previous Week Range: 35.5 Points

Hindalco share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 729.07
Resistance 2 713.88
Resistance 1 693.57
Support 1 658.07
Support 2 642.88
Support 3 622.57
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