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HINDALCOMARKET OUTLOOKSTOCK OUTLOOK

Hindalco Outlook for the Week (March 04, 2024 – March 08, 2024)

Hindalco
Hindalco
Hindalco closed the previous week on a negative note losing 4.50%.

Technically, Hindalco share price will see immediate support at 504.57 and immediate resistance would be seen at 528.07.

If Hindalco share price closes below immediate support of 504.57, then sharp breakdown can be seen. Hindalco share price will see major support at 490.03 for the week.

On the positive side, immediate resistance will be seen at 528.07. Closing above 528.07, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 537.03 for the week.

Trading range for Hindalco share price for this week should be between 481.07 on down side and 551.57 on up side.

Hindalco Previous Week High: 522.5

Hindalco Previous Week Low: 499

Hindalco Previous Week Range: 23.5 Points

Hindalco share price support and resistance for the week (March 04, 2024 – March 08, 2024)

Level Type Value
Resistance 3 551.57
Resistance 2 537.03
Resistance 1 528.07
Support 1 504.57
Support 2 490.03
Support 3 481.07
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