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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (December 11, 2023 – December 15, 2023)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 10.35%.

Technically, Hindustan Petroleum share price will see immediate support at 356.33 and immediate resistance would be seen at 397.33.

If Hindustan Petroleum share price closes below immediate support of 356.33, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 335.17 for the week.

On the positive side, immediate resistance will be seen at 397.33. Closing above 397.33, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 417.17 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 315.33 on down side and 438.33 on up side.

Hindustan Petroleum Previous Week High: 396

Hindustan Petroleum Previous Week Low: 355

Hindustan Petroleum Previous Week Range: 41 Points

Hindustan Petroleum share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 438.33
Resistance 2 417.17
Resistance 1 397.33
Support 1 356.33
Support 2 335.17
Support 3 315.33
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