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hindpetro looks bullish in short term,
HINDUSTAN PETROLEUM CORP
Long
hindpetro looks bullish in short term,
By ParamjitMahapatro
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Updated
Dec 16, 2017
4
Nov 26, 2017
In daily, price bounced from horizontal support, sl - 400, 1st tgt - 460+
also in weekly, hidden bullish divergence is seen, means uptrend should continue.
Dec 8, 2017
Trade active
price consolidating above support zone.
Dec 16, 2017
Trade active
going good till now 443.80, in daily, price is sustaining above upper BB and BB is expanding, sign of bullishness.
Jan 6, 2018
Trade active
cmp - 415, price is consolidating above support zone, moving in sideways and BB is flat.
Jan 25, 2018
Trade closed: stop reached
horizontal support broken here, looks bearish
Bullish Patterns
Bullish Divergence
support
Support and Resistance
uptrend
ParamjitMahapatro
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