akshaybatra020

Targed done 2X in hind petro new rally to begin

akshaybatra020 Updated   
NSE:HINDPETRO   HINDUSTAN PETROL
2X Target done in Hind petroleum after forming inverted head & shoulder pattern I decided for the target of 12 % but it crossed the target like rocket and given 21% return till now and never touched it down again. now it has passed the retest from target line for more bigger targets and now trading around 52 week high. Enter with small SL after breaking the 340 level along with huge volume. SL will be 329 for less risky traders or you can enter with SL of 313 for at least 1:2 Risk Reward.
Comment:
you can short it for tomorrow for intraday basis if it will break 329 with SL of 333 for RR 1:2

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.