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minchu

HPCL has formed inverted cup and handle

Short
HINDUSTAN PETROL (NSE:HINDPETRO)  
minchu Updated   
NSE:HINDPETRO   HINDUSTAN PETROL
Chart Patterns
4
0
chartpattern
Sell HPCL after a close below 430 with a target of 380 or lower. Stop loss can be 455.
Comment:
Handle still in formation. I am expecting a downward move soon.
Trade closed manually:
Trade not executed as it didn't close below 430.
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