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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (February 05, 2024 – February 09, 2024)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 14.11%.

Technically, Hindustan Petroleum share price will see immediate support at 445.73 and immediate resistance would be seen at 516.38.

If Hindustan Petroleum share price closes below immediate support of 445.73, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 402.62 for the week.

On the positive side, immediate resistance will be seen at 516.38. Closing above 516.38, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 543.92 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 375.08 on down side and 587.03 on up side.

Hindustan Petroleum Previous Week High: 500.8

Hindustan Petroleum Previous Week Low: 430.15

Hindustan Petroleum Previous Week Range: 70.65 Points

Hindustan Petroleum share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 587.03
Resistance 2 543.92
Resistance 1 516.38
Support 1 445.73
Support 2 402.62
Support 3 375.08
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