CuriousChartist

HIND PETRO

Long
NSE:HINDPETRO   HINDUSTAN PETROL
CMP = 231.25

Target 1 = 243 (5%)
Target 2 = 265 - 272 (16.5%)

Sl = 221.85 (4%)
Comment:
Markets opened negative so obviously no one would have entered at 231. Price is now close to the plotted stoploss point which is also a buy zone. However wait for today's close to decide fresh entry level.
Comment:
I admit to the mistake of keeping a very close SL. This is actually not negativity in the stock. It's infact a good correction, a handle formation. Lets decide after it takes support.
Trade closed manually

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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