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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (May 20, 2024 – May 24, 2024)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 7.34%.

Technically, Hindustan Petroleum share price will see immediate support at 483.87 and immediate resistance would be seen at 521.52.

If Hindustan Petroleum share price closes below immediate support of 483.87, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 460.78 for the week.

On the positive side, immediate resistance will be seen at 521.52. Closing above 521.52, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 536.08 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 446.22 on down side and 559.17 on up side.

Hindustan Petroleum Previous Week High: 513

Hindustan Petroleum Previous Week Low: 475.35

Hindustan Petroleum Previous Week Range: 37.65 Points

Hindustan Petroleum share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 559.17
Resistance 2 536.08
Resistance 1 521.52
Support 1 483.87
Support 2 460.78
Support 3 446.22
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