Swing Trade in Hindpetro!!
Hindpetro has broke out from an inverted head and shoulder pattern (weekly chart) in which it had been consolidating for years. and the stock is retesting the upper trend line for going ahead and this would be the sniper entry point for positional traders. and I would suggest to enter after a strongly bullish weekly candle and can expect a gain of 8 to 14% returns in the coming month or couple. Never enter without the confirmation candle and keep your risk reward ratio high. Happy Trading!!
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.