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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 2024-04-22 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 8632605

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	492.05	487.00	501.00	486.10	1.248 times
19 Fri Apr 2024	478.40	466.90	480.50	457.75	1.227 times
18 Thu Apr 2024	477.30	479.25	494.00	474.05	1.507 times
16 Tue Apr 2024	468.55	462.50	479.95	458.50	0.823 times
15 Mon Apr 2024	467.45	472.00	477.25	458.30	1.181 times
12 Fri Apr 2024	478.25	487.00	487.35	476.75	0.78 times
10 Wed Apr 2024	487.45	459.50	489.00	459.50	1.66 times
09 Tue Apr 2024	458.85	463.95	464.90	456.40	0.423 times
08 Mon Apr 2024	462.90	465.00	471.65	455.60	0.736 times
05 Fri Apr 2024	461.20	457.00	462.90	449.25	0.889 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 492.4, for a target of 481.2 or 471.92

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	344.05
Downside Target	393.10
Downside Target	436.40
Downside Target	484.20
Downside Target	485.30
Downside Target	486.10
Downside Target	489.00
Upside Target	494.00
Upside Target	501.00
Upside Target	531.45
Upside Target	594.80

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Intraday Target	485.1
Downside Intraday Target	478.15
Upside Intraday Target	500
Upside Intraday Target	507.95
Upside Intraday Target	493.05

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Apr 2024	492.05	487.00	501.00	486.10	0.263 times
19 Fri Apr 2024	478.40	472.00	494.00	457.75	1.316 times
12 Fri Apr 2024	478.25	465.00	489.00	455.60	1.027 times
05 Fri Apr 2024	461.20	476.05	484.70	449.25	1.928 times
28 Thu Mar 2024	475.65	468.90	484.20	463.50	0.49 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
22 Mon Apr 2024	492.05	476.05	501.00	449.25	0.797 times
28 Thu Mar 2024	475.65	516.00	531.45	443.05	0.59 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

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 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.

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 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 mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 BUY signal for Hindustan Petroleum in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Hindustan Petroleum Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 475.95 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 rising upwards.

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 is giving positive 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.