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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 2024-10-08 View latest technical analysis

10 day averaged volume of Hindustan Petroleum is 8298005

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	390.25	388.00	395.00	381.50	1.544 times
07 Mon Oct 2024	393.65	407.20	409.35	390.95	0.684 times
04 Fri Oct 2024	406.90	407.00	413.75	395.10	1.489 times
03 Thu Oct 2024	415.05	429.00	432.65	413.00	1.708 times
01 Tue Oct 2024	444.90	440.00	446.05	438.45	0.666 times
30 Mon Sep 2024	440.55	436.00	446.95	430.50	0.958 times
27 Fri Sep 2024	437.95	424.00	439.80	421.20	1.469 times
26 Thu Sep 2024	421.95	418.20	424.05	408.60	0.731 times
25 Wed Sep 2024	417.40	417.15	419.05	407.60	0.587 times
24 Tue Sep 2024	417.15	402.90	419.40	402.65	1.118 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 399, but if it comes above 399, then a intra day buy could be more profitable.
If you take a sell trade below 399, then use 399 as stoploss and 381.8 as target. However if you take a buy trade in stock , then use 399 as stoploss and 413.37 as target.

Share price targets for Hindustan Petroleum (HINDPETRO)

Target Type	Value
Downside Target	323.00
Downside Target	363.95
Downside Target	381.50
Upside 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	378.05
Downside Intraday Target	365.85
Upside Intraday Target	405.9
Upside Intraday Target	421.55
Upside Intraday Target	393.7

Weekly technical analysis of Hindustan Petroleum (HINDPETRO)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	390.25	407.20	409.35	381.50	0.462 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
08 Tue Oct 2024	390.25	440.00	446.05	381.50	0.273 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 neutral. A longer time frame might give a better analysis.

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 but the sell signal is initial and weak.

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 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 but selling 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 417.03 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.