koolshanin
Long

HINDPETRO Fight inside triangle

NSE:HINDPETRO   HINDUSTAN PETROL
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HINDPETRO hourly showing Compression Triangles with ABC and half of D leg done. Best Idea and setup is to wait for E leg to complete and trade the breakout but we traders always dont do the best. so this is my setup for HINDPETRO For playing D rest of leg.

BUY above 433 SL 420 TGT 455

Any rejection around 455 area can initiate E leg and can short with SL 490 will update the targets when E starts.
ALL OIL COMPANIES ON THE MOVE I ACCEPT THIS WORK , WILL YOU BE KIND ENOUGH TO THROUGH LIGHT ON RIL
THANKS FOR YOUR HARD WORK. GBU.
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