NSE:HINDPETRO   HINDUSTAN PETROL
Chart shows down converging channel. It can go further downside at its imediate support of 348. Then a consolidation can taken place,and rally can be possible from that level.If it breaches the level of 348 then the support can shift to 325.
Trade closed: target reached: Today almost 350 level is reached.Heavy put writing at level of 350 act as support,chances are there to cross below 350 but not going to hold that level.
Trade closed: target reached
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.