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Technicals for Hindustan Petroleum Corporation Limited
By MusingTheNews
2025-10-17 20:38
Overall Technical outlook
Price Summary
On 2025-10-17, Hindustan Petroleum Corporation Limited's stock began at 453.0, peaked at 459.0, bottomed at 446.0, and closed -0.97% lower at 448.6, with a volume of 3261864 shares. During the 52-week span, the stock hit a high of 458.0 and a low of 293.75. Based on recommendations from 30 analysts, the future price of HINDPETRO is expected to range from 250.0 to 615.0, with an average price expectation around 462.5.
Technicals
Support and Resistance: The price for HINDPETRO at 448.6 finds support at 447.9 and resistance at 447.9. This suggests a trading range, where 447.9 serves as a support level and 447.9 acts as a resistance point, potentially capping further gains. Support/Resistance for HINDPETRO
Aroon: The AROON is showing a neutral stance, not indicating a clear upward or downward trend for Hindustan Petroleum Corporation Limited. This suggests a period of market balance, where neither side is showing dominance. Aroon chart for Hindustan Petroleum Corporation Limited
Bol. Bands: The current state of the BOLL BANDS is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction. Bolinger Bands chart for Hindustan Petroleum Corporation Limited
Parabolic SAR: The PSAR remains in a bearish mode, establishing a resistance level that could hinder any attempts at upward movement for HINDPETRO. This resistance reinforces the bearish sentiment, indicating that the market may continue to face challenges in pushing higher. Parabolic Stop and Reverse chart for Hindustan Petroleum Corporation Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments. Stochastic chart for Hindustan Petroleum Corporation Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Tripple SMA chart for Hindustan Petroleum Corporation Limited
Understanding a company's fundamentals—such as revenue, earnings, and debt levels—provides a solid foundation for analyzing its technical performance. Similarly, knowledge of the industry, including key competitors and market trends, is critical. Combining this fundamental analysis with technical indicators like stock charts, moving averages, and trading volume enables a more comprehensive approach to evaluating the company's overall health and potential future performance.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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