Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-03-15 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 6231415

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	468.85	489.85	489.85	451.15	5.089 times
14 Thu Mar 2024	500.10	485.00	505.00	480.60	1.211 times
13 Wed Mar 2024	483.90	514.60	517.00	478.60	1.255 times
12 Tue Mar 2024	514.30	512.00	521.45	507.25	0.978 times
11 Mon Mar 2024	511.85	506.00	522.00	497.45	1.404 times
07 Thu Mar 2024	508.50	515.70	518.50	503.40	0.682 times
06 Wed Mar 2024	517.20	526.50	529.80	504.20	1.209 times
05 Tue Mar 2024	528.05	526.00	531.45	521.55	0.765 times
04 Mon Mar 2024	525.10	517.00	527.90	515.55	1.314 times
02 Sat Mar 2024	518.80	517.50	521.00	514.45	0.084 times

Stock of Hindustan Petroleum (HINDPETRO) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 472.5, for a target of 498.7 or 520.48

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	451.15
Upside Target	485.30
Upside Target	502.05
Upside Target	522.00
Upside Target	531.45
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	439.33
Downside Intraday Target	409.82
Upside Intraday Target	510.18
Upside Intraday Target	551.52
Upside Intraday Target	480.67

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	468.85	506.00	522.00	451.15	2.504 times
07 Thu Mar 2024	508.50	517.00	531.45	503.40	0.471 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Monthly Closing Price	Open	High	Low	Volume
15 Fri Mar 2024	468.85	516.00	531.45	451.15	0.391 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 down 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 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 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 SELL. Signal strength is Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Hindustan Petroleum in short term and SELL 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 495.33 and Hindustan Petroleum (HINDPETRO) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

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