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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (February 19, 2024 – February 23, 2024)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 18.14%.

Technically, Hindustan Petroleum share price will see immediate support at 503.47 and immediate resistance would be seen at 611.37.

If Hindustan Petroleum share price closes below immediate support of 503.47, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 441.23 for the week.

On the positive side, immediate resistance will be seen at 611.37. Closing above 611.37, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 657.03 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 395.57 on down side and 719.27 on up side.

Hindustan Petroleum Previous Week High: 594.8

Hindustan Petroleum Previous Week Low: 486.9

Hindustan Petroleum Previous Week Range: 107.9 Points

Hindustan Petroleum share price support and resistance for the week (February 19, 2024 – February 23, 2024)

Level Type Value
Resistance 3 719.27
Resistance 2 657.03
Resistance 1 611.37
Support 1 503.47
Support 2 441.23
Support 3 395.57
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