Sector : Oil & GAS MCAP : Small Cap Industry : Oil Exploration & Production Challenges: Hydrocarbon Exploration Risk: Finding commercially viable oil and gas reserves is inherently risky and involves significant upfront investment. Fluctuating Energy Prices: The global oil and gas prices can be volatile, impacting HOEC's revenue stream. Government Regulations:...
Entry: 223 Target: 270 SL: 209 Pattern: C&H/FLAG & POLE EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. Flag: Price breaking out from 5 week C&H pattern. Pole: Price Up by 30 % before forming C&H/Flag pattern.
Stock Name - Hindustan Oil Exploration Company Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 208 #This is not Buy and Sell recommendation to any one....
This is randomly selected stock there is no fundamental verification done as per trend line i have drawn this
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Note: This is for educational purpose only. There seems to be a bullish breakout with ultra high volume. Similar breakout seems to be in RSI as well.
I hope you can now see how Hindoilexp represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor. Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis . Thank You Disclaimer: It should not be...
Strictly For trading purpose, Entry above 139 with 135 Stoploss for 150 Target