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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 2024-10-09 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 9089673

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	394.85	400.00	413.00	393.25	1.309 times
08 Tue Oct 2024	390.25	388.00	395.00	381.50	1.41 times
07 Mon Oct 2024	393.65	407.20	409.35	390.95	0.625 times
04 Fri Oct 2024	406.90	407.00	413.75	395.10	1.359 times
03 Thu Oct 2024	415.05	429.00	432.65	413.00	1.559 times
01 Tue Oct 2024	444.90	440.00	446.05	438.45	0.608 times
30 Mon Sep 2024	440.55	436.00	446.95	430.50	0.875 times
27 Fri Sep 2024	437.95	424.00	439.80	421.20	1.341 times
26 Thu Sep 2024	421.95	418.20	424.05	408.60	0.667 times
25 Wed Sep 2024	417.40	417.15	419.05	407.60	0.536 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 397.3, but if it comes above 397.3, then a intra day buy could be more profitable.
If you take a sell trade below 397.3, then use 397.3 as stoploss and 379.6 as target. However if you take a buy trade in stock , then use 397.3 as stoploss and 412.05 as target.

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	323.00
Downside Target	363.95
Downside Target	381.50
Downside Target	392.00
Upside Target	406.60
Upside Target	425.25
Upside Target	435.95
Upside Target	439.80
Upside Target	446.05
Upside Target	446.95
Upside Target	457.15
Upside Target	594.80

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Intraday Target	379.9
Downside Intraday Target	364.95
Upside Intraday Target	411.4
Upside Intraday Target	427.95
Upside Intraday Target	396.45

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	394.85	407.20	413.00	381.50	0.76 times
04 Fri Oct 2024	406.90	436.00	446.95	395.10	1.072 times
27 Fri Sep 2024	437.95	399.50	439.80	396.65	1.576 times
20 Fri Sep 2024	398.75	411.00	413.80	392.00	0.53 times
13 Fri Sep 2024	410.90	434.40	435.95	406.70	0.627 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
09 Wed Oct 2024	394.85	440.00	446.05	381.50	0.338 times
30 Mon Sep 2024	440.55	425.00	457.15	392.00	0.794 times
30 Fri Aug 2024	419.05	392.45	425.25	363.95	0.961 times
31 Wed Jul 2024	392.25	331.30	406.60	323.00	1.563 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 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 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 Weak and stock is losing 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 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 but BUY signal is weak.

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 414.19 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.