NSI ยท EQUITY ยท ENHANCED MARKET DYNAMICS

HINDPETRO

Hindustan Petroleum Corporation Limited

IN ยท Energy ยท Oil & Gas Refining & Marketing

EMD SCORE33/100

CURRENT COMPLETED-WEEK READ

Cautious

The balance of evidence is weakening and risk control deserves more attention. Conditions are cautious and have weakened over the latest four completed weeks.

Deterioration67% directional agreement89% evidence confidence
Completed week
4 Sep 2026
Latest close
INR 356.50
Evidence
156 weeks

COMPLETED-WEEK OVERVIEW

Price and market conditions over time

1 supportive ยท 5 cautious

Enhanced Market Dynamics and the price cycle156 completed weeks ยท bars use the left EMD axis; price uses the right axis.
15 Sep 2023โ€“4 Sep 2026
CONSTRUCTIVE PRESSURE CAUTIOUS PRESSURE EMD PRICE ยท INR +100+500-50-100 516.73321.88127.03 15 Sep 2023 ยท EMD 42/100 ยท close 153.19 22 Sep 2023 ยท EMD 50/100 ยท close 158.47 29 Sep 2023 ยท EMD 46/100 ยท close 154.82 6 Oct 2023 ยท EMD 49/100 ยท close 156.53 13 Oct 2023 ยท EMD 47/100 ยท close 155.74 20 Oct 2023 ยท EMD 41/100 ยท close 153.46 27 Oct 2023 ยท EMD 39/100 ยท close 147.90 3 Nov 2023 ยท EMD 48/100 ยท close 156.40 10 Nov 2023 ยท EMD 70/100 ยท close 181.91 17 Nov 2023 ยท EMD 67/100 ยท close 188.26 24 Nov 2023 ยท EMD 85/100 ยท close 194.45 1 Dec 2023 ยท EMD 87/100 ยท close 209.84 8 Dec 2023 ยท EMD 86/100 ยท close 229.25 15 Dec 2023 ยท EMD 91/100 ยท close 233.13 22 Dec 2023 ยท EMD 86/100 ยท close 224.27 29 Dec 2023 ยท EMD 87/100 ยท close 242.24 5 Jan 2024 ยท EMD 90/100 ยท close 255.06 12 Jan 2024 ยท EMD 91/100 ยท close 273.76 19 Jan 2024 ยท EMD 91/100 ยท close 282.84 26 Jan 2024 ยท EMD 83/100 ยท close 261.49 2 Feb 2024 ยท EMD 91/100 ยท close 296.87 9 Feb 2024 ยท EMD 89/100 ยท close 318.76 16 Feb 2024 ยท EMD 90/100 ยท close 353.43 23 Feb 2024 ยท EMD 84/100 ยท close 329.63 1 Mar 2024 ยท EMD 83/100 ยท close 323.10 8 Mar 2024 ยท EMD 81/100 ยท close 317.69 15 Mar 2024 ยท EMD 76/100 ยท close 292.92 22 Mar 2024 ยท EMD 82/100 ยท close 295.80 29 Mar 2024 ยท EMD 79/100 ยท close 297.17 5 Apr 2024 ยท EMD 75/100 ยท close 288.14 12 Apr 2024 ยท EMD 78/100 ยท close 298.79 19 Apr 2024 ยท EMD 73/100 ยท close 298.89 26 Apr 2024 ยท EMD 74/100 ยท close 306.82 3 May 2024 ยท EMD 82/100 ยท close 333.69 10 May 2024 ยท EMD 72/100 ยท close 313.35 17 May 2024 ยท EMD 77/100 ยท close 316.73 24 May 2024 ยท EMD 80/100 ยท close 339.53 31 May 2024 ยท EMD 71/100 ยท close 335.72 7 Jun 2024 ยท EMD 77/100 ยท close 327.28 14 Jun 2024 ยท EMD 81/100 ยท close 335.06 21 Jun 2024 ยท EMD 71/100 ยท close 319.43 28 Jun 2024 ยท EMD 69/100 ยท close 311.23 5 Jul 2024 ยท EMD 67/100 ยท close 311.56 12 Jul 2024 ยท EMD 67/100 ยท close 320.65 19 Jul 2024 ยท EMD 62/100 ยท close 320.18 26 Jul 2024 ยท EMD 78/100 ยท close 352.88 2 Aug 2024 ยท EMD 80/100 ยท close 364.79 9 Aug 2024 ยท EMD 82/100 ยท close 363.24 16 Aug 2024 ยท EMD 86/100 ยท close 366.33 23 Aug 2024 ยท EMD 88/100 ยท close 391.07 30 Aug 2024 ยท EMD 88/100 ยท close 404.14 6 Sep 2024 ยท EMD 83/100 ยท close 418.94 13 Sep 2024 ยท EMD 81/100 ยท close 396.28 20 Sep 2024 ยท EMD 82/100 ยท close 384.56 27 Sep 2024 ยท EMD 88/100 ยท close 422.36 4 Oct 2024 ยท EMD 77/100 ยท close 392.42 11 Oct 2024 ยท EMD 78/100 ยท close 381.42 18 Oct 2024 ยท EMD 87/100 ยท close 416.24 25 Oct 2024 ยท EMD 64/100 ยท close 359.15 1 Nov 2024 ยท EMD 65/100 ยท close 367.44 8 Nov 2024 ยท EMD 66/100 ยท close 369.42 15 Nov 2024 ยท EMD 58/100 ยท close 359.15 22 Nov 2024 ยท EMD 54/100 ยท close 347.86 29 Nov 2024 ยท EMD 63/100 ยท close 369.47 6 Dec 2024 ยท EMD 66/100 ยท close 384.99 13 Dec 2024 ยท EMD 71/100 ยท close 400.28 20 Dec 2024 ยท EMD 67/100 ยท close 385.28 27 Dec 2024 ยท EMD 69/100 ยท close 396.08 3 Jan 2025 ยท EMD 70/100 ยท close 398.35 10 Jan 2025 ยท EMD 60/100 ยท close 374.62 17 Jan 2025 ยท EMD 49/100 ยท close 346.13 24 Jan 2025 ยท EMD 39/100 ยท close 340.29 31 Jan 2025 ยท EMD 46/100 ยท close 345.50 7 Feb 2025 ยท EMD 40/100 ยท close 330.31 14 Feb 2025 ยท EMD 32/100 ยท close 301.23 21 Feb 2025 ยท EMD 36/100 ยท close 311.50 28 Feb 2025 ยท EMD 28/100 ยท close 283.30 7 Mar 2025 ยท EMD 41/100 ยท close 320.62 14 Mar 2025 ยท EMD 34/100 ยท close 312.18 21 Mar 2025 ยท EMD 47/100 ยท close 344.25 28 Mar 2025 ยท EMD 45/100 ยท close 347.53 4 Apr 2025 ยท EMD 45/100 ยท close 345.60 11 Apr 2025 ยท EMD 59/100 ยท close 368.60 18 Apr 2025 ยท EMD 60/100 ยท close 373.90 25 Apr 2025 ยท EMD 55/100 ยท close 367.15 2 May 2025 ยท EMD 59/100 ยท close 369.85 9 May 2025 ยท EMD 58/100 ยท close 372.50 16 May 2025 ยท EMD 73/100 ยท close 395.46 23 May 2025 ยท EMD 73/100 ยท close 393.58 30 May 2025 ยท EMD 72/100 ยท close 396.42 6 Jun 2025 ยท EMD 77/100 ยท close 392.56 13 Jun 2025 ยท EMD 65/100 ยท close 372.50 20 Jun 2025 ยท EMD 69/100 ยท close 378.29 27 Jun 2025 ยท EMD 88/100 ยท close 423.38 4 Jul 2025 ยท EMD 85/100 ยท close 428.78 11 Jul 2025 ยท EMD 78/100 ยท close 420.39 18 Jul 2025 ยท EMD 77/100 ยท close 415.27 25 Jul 2025 ยท EMD 73/100 ยท close 406.79 1 Aug 2025 ยท EMD 66/100 ยท close 389.43 8 Aug 2025 ยท EMD 74/100 ยท close 394.93 15 Aug 2025 ยท EMD 62/100 ยท close 390.28 22 Aug 2025 ยท EMD 62/100 ยท close 386.72 29 Aug 2025 ยท EMD 53/100 ยท close 372.02 5 Sep 2025 ยท EMD 56/100 ยท close 379.64 12 Sep 2025 ยท EMD 62/100 ยท close 394.64 19 Sep 2025 ยท EMD 67/100 ยท close 408.79 26 Sep 2025 ยท EMD 70/100 ยท close 417.90 3 Oct 2025 ยท EMD 81/100 ยท close 441.70 10 Oct 2025 ยท EMD 80/100 ยท close 447.83 17 Oct 2025 ยท EMD 80/100 ยท close 443.97 24 Oct 2025 ยท EMD 77/100 ยท close 433.93 31 Oct 2025 ยท EMD 88/100 ยท close 471.09 7 Nov 2025 ยท EMD 86/100 ยท close 479.55 14 Nov 2025 ยท EMD 85/100 ยท close 481.25 21 Nov 2025 ยท EMD 80/100 ยท close 471.90 28 Nov 2025 ยท EMD 76/100 ยท close 457.50 5 Dec 2025 ยท EMD 76/100 ยท close 450.35 12 Dec 2025 ยท EMD 80/100 ยท close 459.90 19 Dec 2025 ยท EMD 80/100 ยท close 469.75 26 Dec 2025 ยท EMD 77/100 ยท close 467.70 2 Jan 2026 ยท EMD 86/100 ยท close 495.85 9 Jan 2026 ยท EMD 65/100 ยท close 448.75 16 Jan 2026 ยท EMD 76/100 ยท close 457.90 23 Jan 2026 ยท EMD 53/100 ยท close 414.85 30 Jan 2026 ยท EMD 56/100 ยท close 427.00 6 Feb 2026 ยท EMD 69/100 ยท close 463.15 13 Feb 2026 ยท EMD 59/100 ยท close 450.20 20 Feb 2026 ยท EMD 56/100 ยท close 430.90 27 Feb 2026 ยท EMD 58/100 ยท close 438.75 6 Mar 2026 ยท EMD 40/100 ยท close 404.95 13 Mar 2026 ยท EMD 31/100 ยท close 368.75 20 Mar 2026 ยท EMD 31/100 ยท close 336.30 27 Mar 2026 ยท EMD 36/100 ยท close 340.90 3 Apr 2026 ยท EMD 29/100 ยท close 326.00 10 Apr 2026 ยท EMD 40/100 ยท close 360.60 17 Apr 2026 ยท EMD 41/100 ยท close 370.85 24 Apr 2026 ยท EMD 38/100 ยท close 373.50 1 May 2026 ยท EMD 39/100 ยท close 374.55 8 May 2026 ยท EMD 40/100 ยท close 387.00 15 May 2026 ยท EMD 31/100 ยท close 366.40 22 May 2026 ยท EMD 46/100 ยท close 389.65 29 May 2026 ยท EMD 43/100 ยท close 393.85 5 Jun 2026 ยท EMD 43/100 ยท close 385.05 12 Jun 2026 ยท EMD 48/100 ยท close 388.90 19 Jun 2026 ยท EMD 48/100 ยท close 392.10 26 Jun 2026 ยท EMD 54/100 ยท close 409.25 3 Jul 2026 ยท EMD 52/100 ยท close 399.25 10 Jul 2026 ยท EMD 45/100 ยท close 375.93 17 Jul 2026 ยท EMD 46/100 ยท close 380.78 24 Jul 2026 ยท EMD 41/100 ยท close 362.43 31 Jul 2026 ยท EMD 41/100 ยท close 370.65 7 Aug 2026 ยท EMD 37/100 ยท close 373.79 14 Aug 2026 ยท EMD 45/100 ยท close 373.50 21 Aug 2026 ยท EMD 35/100 ยท close 363.25 28 Aug 2026 ยท EMD 33/100 ยท close 364.00 4 Sep 2026 ยท EMD 33/100 ยท close 356.50 10 Nov 2023 ยท Up-cycle confirmed ยท close 181.91 5 Dec 2025 ยท Down-cycle confirmed ยท close 450.35 9 Jan 2026 ยท Down-cycle confirmed ยท close 448.75 15 Sep 202314 Mar 20254 Sep 2026
Constructive EMDCautious EMDCompleted-week priceUp-cycle confirmationDown-cycle confirmation
Cycle position 42%Current EMD -34.64-week EMD change -9.1156-week price range INR 147.90โ€“495.85

THE FULL PRICE CYCLE

Follow the journey from one zone to the other

Each state uses completed-week information available at that point.

01

Lower zone

Price establishes residence near the bottom of its long-cycle range. Improving EMD separates early repair from continued deterioration.

02

Upward journey

Price leaves the lower zone while EMD confirms improving participation. The objective is the broader move toward the upper zone, not a short weekly trade.

03

Upper zone

Price establishes residence near the top of its long-cycle range. This is the profit-harvest area, with EMD watched for exhaustion and loss of support.

04

Downward journey

Price leaves the upper zone while EMD weakens. The reverse cycle remains active until lower-zone residence is confirmed again.

CURRENT READINGS

What the latest week shows

Completed-week values

01

Underlying pressure

38/100-0.27

Cautious pressure beneath price
4-week change -0.14

02

Trend and deviation

11/100-6.3% vs Trend Line

Price structure is below its trend baseline
Trend gate inactive

03

Momentum and SMI

39/1004w -4.6% ยท 13w -7.4%

Momentum is applying downside pressure
SMI 0.09

04

Price-volume pressure

19/10019% constructive pressure

Volume is leaning against the close
Volume ratio 2.00x

05

Relative leadership

16/100-9.84

The ticker is lagging its benchmark
4-week change -1.60

06

Modeled Trend

62/100Modeled Trend 0.17

Modeled Trend is supportive
Smoothed Modeled Trend 0.20

Evidence context