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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Related publications
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.