iamvivek

Hindpetro IB long on PDH

Long
iamvivek Updated   
NSE:HINDPETRO   HINDUSTAN PETROL
* Hindpetro broken trendline support but failed to get follow through to break PDL
* Sitting on 100DMA support
* Has bounced 3-4 times from 100DMA
* long on PDH with PDL as SL
* RISKY as options data is bearish
Trade closed: target reached
Comment:
not trailing as overall market is very bearish
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.