HINDUSTAN PETROLEUM By KRS Charts
Date: 21st Aug 2024
Time: 1:34 PM
Why HINDPETRO?
1. All over its a Bullish Stock with Good Fundamentals.
2. Recently made Flag Pattern and broke it as we can see in Chart ⬆️
3. Also, something is not visible in chart is Cup & Handle Pattern in Weekly and Monthly TFs.
1st Target will be 525 Rs with SL of 375 Rs from CMP.
Time: 1:34 PM
Why HINDPETRO?
1. All over its a Bullish Stock with Good Fundamentals.
2. Recently made Flag Pattern and broke it as we can see in Chart ⬆️
3. Also, something is not visible in chart is Cup & Handle Pattern in Weekly and Monthly TFs.
1st Target will be 525 Rs with SL of 375 Rs from CMP.
Note
Near CUP & HANDLE Resistance (Red Doted Line)
New Targets will be revealed after Breakout 👍
Trade active
Retesting Resistance
Can have a better entry if missed before at CMP.
Trade active
Back to the Cup & Handle Breakout line (Red Dotted)Trade active
1D TF,
100 EMA Touched down & reversing from it !!
Trade active
Once again if you see 375 Rs.
then Sqaure off!!!
Above it carry.
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