Is Hindalco Inds. technically bullish or bearish?

Aug 10 2025 08:04 AM IST
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As of August 8, 2025, Hindalco Inds. exhibits a mildly bullish trend, supported by bullish MACD and Bollinger Bands, despite some bearish signals from monthly indicators and weekly Dow Theory.
As of 8 August 2025, the technical trend for Hindalco Inds. has changed from bullish to mildly bullish. The current stance is mildly bullish, driven by a bullish MACD on the weekly chart and bullish Bollinger Bands on both weekly and monthly time frames. The daily moving averages also indicate a bullish trend. However, the monthly MACD and KST are mildly bearish, and the weekly Dow Theory shows a mildly bearish stance, which tempers the overall bullish outlook. The stock has shown resilience with a year-to-date return of 12.02%, outperforming the Sensex.
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