HINDUSTAN PETROLEUM By KRS ChartsDate: 21st Aug 2024
Time: 1:34 PM
Why HINDPETRO?
1. All over its a Bullish Stock with Good Fundamentals.
2. Recently made Flag Pattern and broke it as we can see in Chart ⬆️
3. Also, something is not visible in chart is Cup & Handle Pattern in Weekly and Monthly TFs.
1st Target will be 525 Rs with SL of 375 Rs from CMP.
HINDPETRO
Morning Star at several Fib clusters in HINDPETRO Wave C of Flat correction has fulfilled the rule of equality (Wave A and Wave C are equal).
There is also a Fib level of fib retracement of the previous impulse at this level.
We can also see the Morning Star pattern forming at this cluster.
This suggests a high probability of a buy trade in HINDPETRO .
Stop-loss for this trade can be put below 61.8%, i.e., around 360 level.
This analysis is for educational purposes only.
Hindpetro Breaks Out on Daily Chart: Bullish Momentum AheadHindpetro's bullish breakout on the daily chart suggests strong upward momentum and the potential for further gains. Traders may look to capitalize on this opportunity by entering on confirmation of the breakout, targeting higher resistance levels while keeping an eye on the previous resistance as a new support zone.
Swing Trade - HINDPETRO📊 Script: HINDPETRO
📊 Sector: Refineries
📊 Industry: Refineries
Key highlights: 💡⚡
📈 Script is trading at upper band of BB.
📈 MACD is giving crossover .
📈 Double Moving Averages are giving crossover.
📈 Right now RSI is around 68.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 407
🟢 Target 🎯🏆 - 432
⚠️ Stoploss ☠️🚫 - 393
⚠️ Important: Always maintain your Risk & Reward Ratio.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
MACD Crossover Swing Trade - HINDPETRO📊 Script: HINDPETRO
📊 Sector: Refineries
📊 Industry: Refineries
⏱️ C.M.P 📑💰- 350
🟢 Target 🎯🏆- 371
⚠️ Stoploss ☠️🚫 - 341
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
HINDPETRO - Swing Trade Analysis - 11th April #stocksHINDPETRO (1W TF) - Swing Trade Analysis given on 11th April, 2024
Pattern: FALLING WEDGE BREAKOUT
- Trendline Resistance Breakout - Done ✓
- Volume buildup at Resistance - In Progress
- Demand Zone Retest & Consolidation - In Progress
#hindpetro #niftyenergy
Keep An Eye - Triple Bottom - HINDPETRO📊 Script: HINDPETRO
📊 Sector: Refineries
📊 Industry: Refineries
Key highlights: 💡⚡
📈 Script is forming Triple Bottom on Weekly Chart, it has given breakout once and again it retested.
📈 Script is trading near neck line of Triple Bottom which is around 492.
📈 Keep an eye on stock, we may see breakout of it and some good rally into the stock.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 492
🟢 Target 🎯🏆 - 534/555
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
Eat🍜 Sleep😴 TradingView📈 Repeat 🔁
Happy learning with trading. Cheers!🥂
HINDPETRO Good to StudyNSE:HINDPETRO
Good to keep on the radar
Always respect SL & position sizing
Expecting good strength above 503
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Trade Secrets By Pratik
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Disclaimer
SEBI UNREGISTERED
This is our personal view and this analysis
is only for educational purposes
Please consult your advisor before
investing or trading
You are solely responsible for any decisions
you take on basis of our research.
HINDPETRO Analysis(Symmetric Triangle)!Two methods to project the Targets while trading based on SYMMETRIC TRIANGLE PATTERN
HINDPETRO Analysis on Weekly Timeframe!
Symmetric Triangle formation in HINDPETRO on Weekly Timeframe
Symmetric Triangle Resistance Trendline Breakout
HINDPETRO has made symmetric Triangle pattern on Weekly Timeframe. HINDPETRO is forming Symmetric Triangle Pattern about 6 months. The price has given resistance trendline breakout with low volume which is a negative point but is has made successfully closed above it. On the chart I have illustrated, how to project targets based on SYMMETRIC TRIANGLE PATTERN in two ways. You can follow any method while dealing with Symmetric Triangle Pattern. Both ways are valid. I have referred John J Murphy's TECHNICAL ANALYSIS OF THE FINANCIAL MARKETS book for this Analysis. I hope you'll like it. One more important thing do Follow and share my ideas for support so I can post more and more ideas on daily basis.
Trade Psychology and Setup =
Entry = Aggressive Investors can enter at current levels, Conservative Investors can enter after retest between 239.80 - 243.15
Target = 505.30
Stop Loss = Below 220.10
Disclaimer = All my analysis are for Educational Purpose only. Before entering into any trade - 1) Educate Yourself 2) Do your own research and analysis 3) Define your Risk to Reward ratio 4)Don't trade with full capital
Hindpetro Ready TO ROAR...50%Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
- Stock is trading at 0.96 times its book value.
- Stock P/E 2.63
- Running on Lowest P/E ever.
- sept. quater net profit nearly 6000cr, 2nd highest quaterly net profit.
-Good financial stock may be double ,tripple in next 1,2 year.
HINDPETRO | Swing Trade📊 Details
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks.
Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst.
If you found this analysis helpful, I encourage you to like and share it. Your observations and comments are also welcomed below. Your support, likes, follows, and comments motivate me to consistently share valuable insights with you.
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impulse wave in HINDUSTAN PETRO. Alternative wave.Elliott Wave Analysis:-
Both correction and impulse wave we are expecting a correction.
once correction get ended an impulse take place.
View 1:-
There is also expected an impulse wave i) completed and a correction wave ii) was almost over if raise start then impulse wave iii) is expected to move on.
View2:-
Correction wave was still pending and a low was expected.
once the low was completed then the impulse wave of v wave was expected .
I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
Correction in hindustan Petro.Elliott Wave Analysis.
Both correction and impulse wave we are expecting a correction.
once correction get ended, an impulse wave will enlight the move.
View 2:-
There is also expected an impulse wave i) completed and a correction wave ii) was almost over if raise start then impulse wave iii) is expected to move on.
I'm not a SEBI registered advisor.
Kindly consult your financial advisor.
Hind Petro📉 Alert! Bullish Support Spotted! 🐻
💵 : Short term Trade
📊 Pattern: Law Of Polarity
📌 Symbol/Asset: HIND PETRO
🔍 Description: Price is around the support and The Trend is Rangebound
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
#HINDCOPPER... Looking good 30.05.23#HINDCOPPER...
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a good movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
Perfect breakoutChart -> Hind Petro Daily
Consolidation near resistance and then breakout with volume. Perfect!
CMP: 276
Good Range: 260 to 275
Target: 305, 330, 355
SL: 253 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.