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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (April 29, 2024 – May 03, 2024)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 8.00%.

Technically, Hindalco share price will see immediate support at 618.13 and immediate resistance would be seen at 671.03.

If Hindalco share price closes below immediate support of 618.13, then sharp breakdown can be seen. Hindalco share price will see major support at 586.97 for the week.

On the positive side, immediate resistance will be seen at 671.03. Closing above 671.03, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 692.77 for the week.

Trading range for Hindalco share price for this week should be between 565.23 on down side and 723.93 on up side.

Hindalco Previous Week High: 661.6

Hindalco Previous Week Low: 608.7

Hindalco Previous Week Range: 52.9 Points

Hindalco share price support and resistance for the week (April 29, 2024 – May 03, 2024)

Level Type Value
Resistance 3 723.93
Resistance 2 692.77
Resistance 1 671.03
Support 1 618.13
Support 2 586.97
Support 3 565.23
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