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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (August 28, 2023 – September 01, 2023)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 5.58%.

Technically, Hindalco share price will see immediate support at 437.97 and immediate resistance would be seen at 463.97.

If Hindalco share price closes below immediate support of 437.97, then sharp breakdown can be seen. Hindalco share price will see major support at 425.93 for the week.

On the positive side, immediate resistance will be seen at 463.97. Closing above 463.97, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 477.93 for the week.

Trading range for Hindalco share price for this week should be between 411.97 on down side and 489.97 on up side.

Hindalco Previous Week High: 465.9

Hindalco Previous Week Low: 439.9

Hindalco Previous Week Range: 26 Points

Hindalco share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 489.97
Resistance 2 477.93
Resistance 1 463.97
Support 1 437.97
Support 2 425.93
Support 3 411.97

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