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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (September 04, 2023 – September 08, 2023)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 6.90%.

Technically, Hindalco share price will see immediate support at 453.00 and immediate resistance would be seen at 486.00.

If Hindalco share price closes below immediate support of 453.00, then sharp breakdown can be seen. Hindalco share price will see major support at 432.75 for the week.

On the positive side, immediate resistance will be seen at 486.00. Closing above 486.00, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 498.75 for the week.

Trading range for Hindalco share price for this week should be between 420.00 on down side and 519.00 on up side.

Hindalco Previous Week High: 478.5

Hindalco Previous Week Low: 445.5

Hindalco Previous Week Range: 33 Points

Hindalco share price support and resistance for the week (September 04, 2023 – September 08, 2023)

Level Type Value
Resistance 3 519.00
Resistance 2 498.75
Resistance 1 486.00
Support 1 453.00
Support 2 432.75
Support 3 420.00

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