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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 2024-10-31 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 7514065

Date	Daily Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	380.90	377.00	382.45	374.00	0.914 times
30 Wed Oct 2024	377.65	388.50	389.45	376.70	0.68 times
29 Tue Oct 2024	388.50	384.95	389.85	375.50	0.681 times
28 Mon Oct 2024	383.30	380.00	393.80	379.00	1.729 times
25 Fri Oct 2024	372.40	406.00	406.00	370.65	1.134 times
24 Thu Oct 2024	404.75	396.00	405.40	393.45	1.025 times
23 Wed Oct 2024	397.85	402.10	403.30	394.20	0.503 times
22 Tue Oct 2024	402.10	414.10	416.60	400.50	0.792 times
21 Mon Oct 2024	415.15	433.00	436.30	413.85	1.233 times
18 Fri Oct 2024	431.60	430.40	435.30	422.65	0.658 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 383.3, but if it comes above 383.3, then a intra day buy could be more profitable.
If you take a sell trade below 383.3, then use 383.3 as stoploss and 361.8 as target. However if you take a buy trade in stock , then use 383.3 as stoploss and 401.23 as target.

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	323.00
Downside Target	363.95
Upside Target	381.50
Upside Target	392.00
Upside Target	406.60
Upside Target	425.25
Upside Target	436.30
Upside Target	439.00
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	372
Downside Intraday Target	363.1
Upside Intraday Target	391.8
Upside Intraday Target	402.7
Upside Intraday Target	382.9

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Thu Oct 2024	380.90	380.00	393.80	374.00	0.854 times
25 Fri Oct 2024	372.40	433.00	436.30	370.65	0.628 times
18 Fri Oct 2024	431.60	397.50	439.00	396.05	1.526 times
11 Fri Oct 2024	395.50	407.20	413.00	381.50	0.919 times
04 Fri Oct 2024	406.90	436.00	446.95	395.10	1.072 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
31 Thu Oct 2024	380.90	440.00	446.05	370.65	1.029 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 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 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 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 moving up

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

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 394.04 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.