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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 2024-12-04 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 4669800

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	387.65	384.00	391.65	382.70	0.744 times
03 Tue Dec 2024	384.55	385.00	387.60	382.55	1.139 times
02 Mon Dec 2024	380.95	383.10	384.00	379.20	0.504 times
29 Fri Nov 2024	383.10	381.45	385.00	376.40	0.939 times
28 Thu Nov 2024	380.00	381.90	386.25	377.25	1.164 times
27 Wed Nov 2024	380.15	385.90	386.00	375.80	1.308 times
26 Tue Nov 2024	379.60	382.10	389.70	378.00	0.765 times
25 Mon Nov 2024	376.85	368.95	384.65	367.95	2.059 times
22 Fri Nov 2024	360.70	362.00	365.30	358.60	0.551 times
21 Thu Nov 2024	360.10	362.15	363.60	354.90	0.943 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 387, but if it comes below 387, then a intra day sell could be more profitable.
If you take a sell trade below 387, then use 387 as stoploss and 377.47 as target. However if you take a buy trade in stock , then use 387 as stoploss and 398.4 as target.

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	354.90
Downside Target	362.25
Upside Target	389.70
Upside Target	391.65
Upside Target	392.00
Upside Target	400.00
Upside Target	425.25
Upside Target	446.05
Upside Target	457.15

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Intraday Target	380.68
Downside Intraday Target	373.72
Upside Intraday Target	393.13
Upside Intraday Target	398.62
Downside Intraday Target	386.17

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	387.65	383.10	391.65	379.20	0.383 times
29 Fri Nov 2024	383.10	368.95	389.70	367.95	1.952 times
22 Fri Nov 2024	360.70	372.40	375.75	354.90	0.652 times
14 Thu Nov 2024	372.40	383.00	390.00	365.45	0.632 times
08 Fri Nov 2024	383.05	382.00	400.00	362.25	1.184 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
04 Wed Dec 2024	387.65	383.10	391.65	379.20	0.108 times
29 Fri Nov 2024	383.10	380.90	400.00	354.90	0.545 times
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

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 to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) based on a mid to longer 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.

ADX buy sell signal for Hindustan Petroleum stock for short term is BUY. Signal strength is Strong 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 377.85 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.