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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 2024-04-16 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 7151995

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	468.55	462.50	479.95	458.50	0.994 times
15 Mon Apr 2024	467.45	472.00	477.25	458.30	1.425 times
12 Fri Apr 2024	478.25	487.00	487.35	476.75	0.942 times
10 Wed Apr 2024	487.45	459.50	489.00	459.50	2.004 times
09 Tue Apr 2024	458.85	463.95	464.90	456.40	0.51 times
08 Mon Apr 2024	462.90	465.00	471.65	455.60	0.889 times
05 Fri Apr 2024	461.20	457.00	462.90	449.25	1.073 times
04 Thu Apr 2024	461.55	475.00	480.00	460.00	0.933 times
03 Wed Apr 2024	474.55	478.85	483.00	472.55	0.659 times
02 Tue Apr 2024	482.20	470.30	484.70	467.50	0.717 times

My analysis of stock is bullish for shortterm, and stock might move up till 477.9 or till 489.3. Use a stoploss of 468.31 and if this stock hits its stoploss, then it can fall down till 458.76

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	344.05
Downside Target	393.10
Downside Target	436.40
Upside Target	479.95
Upside Target	483.65
Upside Target	484.20
Upside Target	484.70
Upside Target	485.30
Upside Target	489.00
Upside Target	531.45
Upside Target	594.80

Intraday share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Intraday Target	457.92
Downside Intraday Target	447.28
Upside Intraday Target	479.57
Upside Intraday Target	490.58
Upside Intraday Target	468.93

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	468.55	472.00	479.95	458.30	0.557 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
22 Fri Mar 2024	473.45	468.90	483.65	443.05	0.517 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
16 Tue Apr 2024	468.55	476.05	489.00	449.25	0.555 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Hindustan Petroleum ( (HINDPETRO) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

CCI has generated a buy signal for Hindustan Petroleum in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 471.98 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.