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MilestoneCapital

HPCL - Price Action - Bullish Setup

Long
HINDUSTAN PETROL (NSE:HINDPETRO)  
MilestoneCapital Updated   
NSE:HINDPETRO   HINDUSTAN PETROL
Trend Analysis Harmonic Patterns Chart Patterns hpcl priceactionanalysis priceactiontrading priceactionstrategy
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trendanalysis harmonicpatterns chartpattern hpcl priceactionanalysis priceactiontrading priceactionstrategy
Price Action in HPCL suggests bullish bias on daily time frame.
Initiate long.
Target 1: 220
Target 2: 226

Stop Loss : 193
Comment:
First Target has been met. Traders with higher risk appetite can continue to hold for the second target of 226.
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