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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (August 21, 2023 – August 25, 2023)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 4.46%.

Technically, Hindalco share price will see immediate support at 432.23 and immediate resistance would be seen at 452.68.

If Hindalco share price closes below immediate support of 432.23, then sharp breakdown can be seen. Hindalco share price will see major support at 424.97 for the week.

On the positive side, immediate resistance will be seen at 452.68. Closing above 452.68, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 465.87 for the week.

Trading range for Hindalco share price for this week should be between 411.78 on down side and 473.13 on up side.

Hindalco Previous Week High: 458.6

Hindalco Previous Week Low: 438.15

Hindalco Previous Week Range: 20.45 Points

Hindalco share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 473.13
Resistance 2 465.87
Resistance 1 452.68
Support 1 432.23
Support 2 424.97
Support 3 411.78

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