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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (January 08, 2024 – January 12, 2024)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 7.94%.

Technically, Hindustan Petroleum share price will see immediate support at 399.73 and immediate resistance would be seen at 433.63.

If Hindustan Petroleum share price closes below immediate support of 399.73, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 379.47 for the week.

On the positive side, immediate resistance will be seen at 433.63. Closing above 433.63, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 447.27 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 365.83 on down side and 467.53 on up side.

Hindustan Petroleum Previous Week High: 427

Hindustan Petroleum Previous Week Low: 393.1

Hindustan Petroleum Previous Week Range: 33.9 Points

Hindustan Petroleum share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 467.53
Resistance 2 447.27
Resistance 1 433.63
Support 1 399.73
Support 2 379.47
Support 3 365.83
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