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 2024-03-19 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 9480276

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	445.50	456.90	457.95	443.05	0.697 times
18 Mon Mar 2024	461.15	468.90	474.80	459.35	0.859 times
15 Fri Mar 2024	468.85	489.85	489.85	451.15	3.345 times
14 Thu Mar 2024	500.10	485.00	505.00	480.60	0.796 times
13 Wed Mar 2024	483.90	514.60	517.00	478.60	0.825 times
12 Tue Mar 2024	514.30	512.00	521.45	507.25	0.643 times
11 Mon Mar 2024	511.85	506.00	522.00	497.45	0.923 times
07 Thu Mar 2024	508.50	515.70	518.50	503.40	0.448 times
06 Wed Mar 2024	517.20	526.50	529.80	504.20	0.794 times
05 Tue Mar 2024	528.05	526.00	531.45	521.55	0.503 times

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 452.9, for a target of 484 or 509.93

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
Upside Target	474.80
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	434.1
Downside Intraday Target	422.7
Upside Intraday Target	465.85
Upside Intraday Target	486.2
Upside Intraday Target	454.45

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	445.50	468.90	474.80	443.05	0.238 times
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

Price has moved down 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
19 Tue Mar 2024	445.50	516.00	531.45	443.05	0.453 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 and the sell signal is strong.

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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 486.06 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.