HINDPETRO - Overbought or continue rally ? Short

HINDUSTAN PETROLNSE

Description

⋅ Mar 18, 2019 7:07 PM

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.