Why not Short HPCL post Breakdown?

113
Considering the below points
1. Global Crude oil Price spike,
2. Russia's reduction in discount on Crude sale to India
3. HPCL's Chart Pattern

There woudn't be a much better opportunity to go short HPCL, which has given breakdown of a Triangular Pattern.

Refer the Chart for more details of trade.

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.