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BTCC / BTCC Square / Global Cryptocurrency /
Market Analysis: HPCL Futures Show Bearish Trend Amid Strong Selling Pressure

Market Analysis: HPCL Futures Show Bearish Trend Amid Strong Selling Pressure

Author:
Global Cryptocurrency
Published:
2025-08-30 17:48:01
12
3
BTCCSquare news:

HPCL futures continue to face downward pressure, with the stock trading within a critical support band of ₹370-380 after a steady decline since early July. Resistance at ₹450 remains a distant hurdle, while immediate upside potential hinges on a decisive breakout above ₹390.

The September futures contract presents two scenarios: a long opportunity above ₹395 with targets at ₹420 (stop-loss at ₹385), or a short play below ₹372 targeting ₹350 (stop-loss at ₹382). Market sentiment suggests the support zone may not hold given persistent selling momentum.

|Square

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