hindpetro analysis BULLISH MODE
hi traders.,
1.hindpetro inverted h&s pattern breakout in day chart.., its formed in bottom of the channel
2. also long term its traded in channel ..,as per channel rule it has to come top of the channel., so we got a double conformation..,
3. over all bullish mode stop below 240 ( buy around 245- 250 )
first target 270 -275 and next target around 280 -285
target period 15 days
4.strong bullish close on weekly chart.., also today they declare result hope it will boom on monday .
1.hindpetro inverted h&s pattern breakout in day chart.., its formed in bottom of the channel
2. also long term its traded in channel ..,as per channel rule it has to come top of the channel., so we got a double conformation..,
3. over all bullish mode stop below 240 ( buy around 245- 250 )
first target 270 -275 and next target around 280 -285
target period 15 days
4.strong bullish close on weekly chart.., also today they declare result hope it will boom on monday .
Note
weeklywise its closed above 245 ..,still gud level of buyNote
hit trendline target & corrected ..,if again closed above 245 it will break upside overall buy trend ✌
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