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HINDPETROMARKET OUTLOOKSTOCK OUTLOOK

Hindustan Petroleum Outlook for the Week (May 27, 2024 – May 31, 2024)

Hindustan Petroleum
Hindustan Petroleum
Hindustan Petroleum closed the previous week on a negative note losing 8.84%.

Technically, Hindustan Petroleum share price will see immediate support at 513.32 and immediate resistance would be seen at 561.97.

If Hindustan Petroleum share price closes below immediate support of 513.32, then sharp breakdown can be seen. Hindustan Petroleum share price will see major support at 483.18 for the week.

On the positive side, immediate resistance will be seen at 561.97. Closing above 561.97, Hindustan Petroleum share price will see a sharp breakout. Major resistance for Hindustan Petroleum share price will be seen at 580.48 for the week.

Trading range for Hindustan Petroleum share price for this week should be between 464.67 on down side and 610.62 on up side.

Hindustan Petroleum Previous Week High: 550.35

Hindustan Petroleum Previous Week Low: 501.7

Hindustan Petroleum Previous Week Range: 48.65 Points

Hindustan Petroleum share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 610.62
Resistance 2 580.48
Resistance 1 561.97
Support 1 513.32
Support 2 483.18
Support 3 464.67
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