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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 2024-04-04 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 5544117

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	461.55	475.00	480.00	460.00	1.203 times
03 Wed Apr 2024	474.55	478.85	483.00	472.55	0.851 times
02 Tue Apr 2024	482.20	470.30	484.70	467.50	0.924 times
01 Mon Apr 2024	468.80	476.05	478.50	466.65	1.094 times
28 Thu Mar 2024	475.65	475.05	479.35	470.10	0.868 times
27 Wed Mar 2024	471.10	477.00	484.20	469.05	0.84 times
26 Tue Mar 2024	472.60	468.90	477.80	463.50	1.122 times
22 Fri Mar 2024	473.45	474.20	483.65	470.70	0.915 times
21 Thu Mar 2024	472.50	460.45	473.90	458.45	0.938 times
20 Wed Mar 2024	453.65	449.00	456.15	445.80	1.256 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 459.8 as stoploss in an intra day buy trade for a target of 482.27. However, stock will show a bearish move below 459.8.

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	344.05
Downside Target	393.10
Downside Target	436.40
Upside Target	483.65
Upside Target	484.70
Upside Target	485.30
Upside Target	503.40
Upside Target	522.00
Upside Target	531.45
Upside Target	594.80

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Intraday Target	452.8
Downside Intraday Target	444.05
Upside Intraday Target	477.5
Upside Intraday Target	493.45
Upside Intraday Target	468.75

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	461.55	476.05	484.70	460.00	1.439 times
28 Thu Mar 2024	475.65	468.90	484.20	463.50	0.49 times
22 Fri Mar 2024	473.45	468.90	483.65	443.05	0.517 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

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
04 Thu Apr 2024	461.55	476.05	484.70	460.00	0.159 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 469.74 and Hindustan Petroleum (HINDPETRO) stock is trading below this level. This means that stock is falling with high volumes. 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.