NSE:HINDPETRO Long above 245.80 with SL 241.80 and TP 253.80
Consult your registered adviser before taking any decision.
Always risk 1% of account size per trade, adjust the position size accordingly.
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.