MohammedJunaid
Short

HINDPETRO: Good Sell@411 SL 422 TGT 392

NSE:HINDPETRO   HINDUSTAN PETROL
HINDPETRO was sold today with more than 3 times its average Volume , with loss of 3.36% and closed in red. Sell HINDPETRO @ 411 (CMP:401.80) with SL 422 and TGT 392
Trade closed: target reached: Target Met. Todays Low is like a DOT: 392
Good analysis.. But i think it can be traded as failing wedge above 430 levels.. What's your thought?
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MohammedJunaid sirlaxmanagarwal
@sirlaxmanagarwal, Thanks for the support buddy. above 428.85 (TCFL cloud) and 430 Falling Wedge breakout can be traded only with Supporting Volumes.
Keep in touch. let me know if there is anything I might miss in my analysis.
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