skbharathi

HPCL-Short Setup

Short
skbharathi Updated   
NSE:HINDPETRO   HINDUSTAN PETROL
HPCL-hourly chart indicating a rising wedge pattern
Also RSI showing a negative divergence
Can the stock be shorted for a target of 479 levels and further target of 470 levels where there is a gap available
Trade active:
The stock came upto 480 where it find little support. Trade active,
Trade closed manually:
-The stock didnt fall the way it excepted. So the trade is closed manually.

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