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Hindalco Outlook for the Week (September 18, 2023 – September 22, 2023)

Hindalco closed the previous week on a negative note losing 6.89%.

Technically, Hindalco share price will see immediate support at 477.30 and immediate resistance would be seen at 512.35.

If Hindalco share price closes below immediate support of 477.30, then sharp breakdown can be seen. Hindalco share price will see major support at 458.05 for the week.

On the positive side, immediate resistance will be seen at 512.35. Closing above 512.35, Hindalco share price will see a sharp breakout. Major resistance for Hindalco share price will be seen at 528.15 for the week.

Trading range for Hindalco share price for this week should be between 442.25 on down side and 547.40 on up side.

Hindalco Previous Week High: 508.9

Hindalco Previous Week Low: 473.85

Hindalco Previous Week Range: 35.05 Points

Hindalco share price support and resistance for the week (September 18, 2023 – September 22, 2023)

Level Type Value
Resistance 3 547.40
Resistance 2 528.15
Resistance 1 512.35
Support 1 477.30
Support 2 458.05
Support 3 442.25

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