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(HINDPETRO) Hindustan Petroleum complete technical analysis [charts+indicators] | Buy/Sell Hindustan Petroleum | (HINDPETRO) share price targets

Complete technical analysis of Hindustan Petroleum (HINDPETRO) by charts plus indicators, forecast predictions and share price targets for Hindustan Petroleum (HINDPETRO)

Hindustan Petroleum trades in NSE in Refineries sector.

Showing technical analysis as on 2024-03-05 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 7942357

Date	Daily Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	528.05	526.00	531.45	521.55	0.6 times
04 Mon Mar 2024	525.10	517.00	527.90	515.55	1.031 times
02 Sat Mar 2024	518.80	517.50	521.00	514.45	0.066 times
01 Fri Mar 2024	517.15	516.00	526.00	515.30	0.862 times
29 Thu Feb 2024	509.40	505.05	515.00	502.05	1.226 times
28 Wed Feb 2024	507.20	529.85	530.20	504.45	1.363 times
27 Tue Feb 2024	529.85	541.80	547.50	522.55	1.067 times
26 Mon Feb 2024	541.65	527.60	543.50	511.00	2.028 times
23 Fri Feb 2024	527.60	536.00	539.45	522.10	0.723 times
22 Thu Feb 2024	539.10	543.00	550.05	528.60	0.796 times

My analysis of stock is bearish for shortterm, and stock might move down till 510.4 or till 485.2. Use a stoploss of 531.39 and if the stock hits stoploss, then it can shoot up till 552.38

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	249.40
Downside Target	344.05
Downside Target	351.00
Downside Target	393.10
Downside Target	436.40
Downside Target	456.00
Downside Target	485.30
Downside Target	502.05
Downside Target	514.45
Upside Target	541.00
Upside Target	547.50
Upside Target	569.60
Upside Target	594.80

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Intraday Target	518.58
Downside Intraday Target	509.12
Upside Intraday Target	534.48
Upside Intraday Target	540.92
Downside Intraday Target	525.02

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	528.05	517.00	531.45	515.55	0.247 times
02 Sat Mar 2024	518.80	527.60	547.50	502.05	1.39 times
23 Fri Feb 2024	527.60	567.00	569.60	522.10	0.617 times
16 Fri Feb 2024	565.70	507.10	594.80	486.90	0.854 times
09 Fri Feb 2024	510.20	497.00	541.00	489.30	1.168 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Tue Mar 2024	528.05	516.00	531.45	514.45	0.085 times
29 Thu Feb 2024	509.40	467.95	594.80	456.00	1.236 times
31 Wed Jan 2024	463.25	406.00	485.30	393.10	0.757 times
29 Fri Dec 2023	398.90	348.10	436.40	344.05	1.212 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Hindustan Petroleum (HINDPETRO)

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) based on a short term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Hindustan Petroleum stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Hindustan Petroleum in short term but the sell signal is initial and weak.

Hindustan Petroleum Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Hindustan Petroleum in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Hindustan Petroleum is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 525.35 and Hindustan Petroleum (HINDPETRO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Hindustan Petroleum (HINDPETRO) stock. Volume based technical analysis of Hindustan Petroleum (HINDPETRO) stock is negative.

Hindustan Petroleum Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.