kchachan

HINDPETRO - Overbought or continue rally ?

Short
NSE:HINDPETRO   HINDUSTAN PETROL
Hindpetro has been showing rally and has crossed the resistance level and above 200 ema .
The stock is in overbought territory.
There can be reversal signs after 1-2 sessions after the rally is halted and stock comes back to normal position.