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Poison_1907

Long for 300+ as long as it holds 242

Long
HINDUSTAN PETROL (NSE:HINDPETRO)  
Poison_1907  
NSE:HINDPETRO   HINDUSTAN PETROL
Fibonacci Support and Resistance Parallel Channel
3
0
fibonacci supportandresistance parallelchannel
Price may break the support due to weak broader index.
Twice the stock has taken support at 242 recently after breaking out which confirms the valid breakout.
248, 260 as the first minor resistance points and then can aim for 300+
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