Hindustan Petroleum Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Hindustan Petroleum closed the previous week on a negative note losing 10.45%

Technically, Hindustan Petroleum share price will see immediate support at 267.97 and immediate resistance would be seen at 300.37

If Hindustan Petroleum share price closes below immediate support of 267.97, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 256.53 for the week.

On the positive side, immediate resistance will be seen at 300.37. Closing above 300.37, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 321.33 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 235.57 on down side and 332.77 on up side.

Hindustan Petroleum Previous Week High: 309.9

Hindustan Petroleum Previous Week Low: 277.5

Hindustan Petroleum Previous Week Range: 32.4 Points

Hindustan Petroleum share price support and resistance for the week (July 31, 2023 – August 04, 2023)