viki9

HPCL upmove indicatons

Long
NSE:HINDPETRO   HINDUSTAN PETROL
HPCL upmove indicaton

Had been in long term down trend with downward channel. Had been in same place from couple of months. Expecting some positive move in the near term and more if it breaks the downward channel at the resistance levels of 293. Up levels of 310-327-354-386 with the stong base of 229. It's dependent on the overall Market conditions and the trend.

No recommendations, just my view based on current chart structure.
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