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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (February 12, 2024 – February 16, 2024)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 9.56%.

Technically, Hindustan Petroleum share price will see immediate support at 486.00 and immediate resistance would be seen at 537.70.

If Hindustan Petroleum share price closes below immediate support of 486.00, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 461.80 for the week.

On the positive side, immediate resistance will be seen at 537.70. Closing above 537.70, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 565.20 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 434.30 on down side and 589.40 on up side.

Hindustan Petroleum Previous Week High: 541

Hindustan Petroleum Previous Week Low: 489.3

Hindustan Petroleum Previous Week Range: 51.7 Points

Hindustan Petroleum share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 589.40
Resistance 2 565.20
Resistance 1 537.70
Support 1 486.00
Support 2 461.80
Support 3 434.30
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