manavtechresearch

HINDUSTAN PETRO A GOOD POSITIONAL TRADE

Long
NSE:HINDPETRO   HINDUSTAN PETROL
STOCK HAS SEEN A POSITIVE CROSSOVER (MACD)
IT HAS CROSSED ITS 100-DMA BUT CURRENT HAS FOUND SOME RESISTANCE @ 432
WEEKLY CHART IS ALSO SHOWING POSITIVE SIGNS
TRADE VIEW
BUY @ 432(ABOVE)
STOP @ 427.50
TARGET @ 440/450
Comment:
Comment:
AS EXPECTED STOCK FOUND RESISTANCE @ 432
AND HAS FALLEN AGAIN
WATCH OUT FOR THE GIVEN LEVELS

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