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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (November 20, 2023 – November 24, 2023)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 11.79%.

Technically, Hindustan Petroleum share price will see immediate support at 291.93 and immediate resistance would be seen at 331.38.

If Hindustan Petroleum share price closes below immediate support of 291.93, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 273.87 for the week.

On the positive side, immediate resistance will be seen at 331.38. Closing above 331.38, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 352.77 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 252.48 on down side and 370.83 on up side.

Hindustan Petroleum Previous Week High: 334.7

Hindustan Petroleum Previous Week Low: 295.25

Hindustan Petroleum Previous Week Range: 39.45 Points

Hindustan Petroleum share price support and resistance for the week (November 20, 2023 – November 24, 2023)

Level Type Value
Resistance 3 370.83
Resistance 2 352.77
Resistance 1 331.38
Support 1 291.93
Support 2 273.87
Support 3 252.48
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