Future Trade: Bearish pattern seen in HPCLHPCL is reversing from almost triple top and RSI showing continuous negative divergence and is expected to turn bearish as seen on the daily time frame charts. A bearish engulfing candle pattern formation, having the open and high almost the same can be seen. Futures data also show a short buildup.
HINDPETRO1!29-11
Daily chart of HINDPETRO1!
LTP: 238.85
The long term trends (manual and 200 EMA) are bearish.
RSI is overbought and signals a bearish reversal.
Supports are at 241.50 (200 EMA) and 237.05 (manual)
Strong support zone is between 200 and 207 so it may not be broken.
I think we will witness a p
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Frequently Asked Questions
The current price of HINDUSTAN PETROL FUTURES is 396.75 INR — it has risen 3.30% in the past 24 hours. Watch HINDUSTAN PETROL FUTURES price in more detail on the chart.
The volume of HINDUSTAN PETROL FUTURES is 16.20 K. Track more important stats on the HINDUSTAN PETROL FUTURES chart.
The nearest expiration date for HINDUSTAN PETROL FUTURES is Jul 31, 2025.
Traders prefer to sell futures contracts when they've already made money on the investment, but still have plenty of time left before the expiration date. Thus, many consider it a good option to sell HINDUSTAN PETROL FUTURES before Jul 31, 2025.
Open interest is the number of contracts held by traders in active positions — they're not closed or expired. For HINDUSTAN PETROL FUTURES this number is 6.08 K. You can use it to track a prevailing market trend and adjust your own strategy: declining open interest for HINDUSTAN PETROL FUTURES shows that traders are closing their positions, which means a weakening trend.