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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (August 28, 2023 – September 01, 2023)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 3.30%.

Technically, Hindustan Petroleum share price will see immediate support at 257.75 and immediate resistance would be seen at 266.60.

If Hindustan Petroleum share price closes below immediate support of 257.75, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 254.00 for the week.

On the positive side, immediate resistance will be seen at 266.60. Closing above 266.60, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 271.70 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 248.90 on down side and 275.45 on up side.

Hindustan Petroleum Previous Week High: 267.95

Hindustan Petroleum Previous Week Low: 259.1

Hindustan Petroleum Previous Week Range: 8.85 Points

Hindustan Petroleum share price support and resistance for the week (August 28, 2023 – September 01, 2023)

Level Type Value
Resistance 3 275.45
Resistance 2 271.70
Resistance 1 266.60
Support 1 257.75
Support 2 254.00
Support 3 248.90

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