As per the charts. Buy on trendline break. keep SL.
SHORT : @CMP SL : 200 + TP : 170
Hindpetro looks like the batman pettern is forming. Let's wait and see.
Hindpetro Daily chart bullish BAT Buy range 180-210 in small quantity Target 300 (only for long term investor)
HindPetro has announced its results, and my first impressions are that they are exceptional. During times of lockdown, petroleum sales would be one of the most affected ones. Take the example of commercial flights. Their demand have reduced by more than 90%. They are one of the top consumers of petroleum and when their demand falls, automatically, demand for fuel...
Price moving towards the pattern trend-line support. Wait for the support to enter long.
Hindustan petroleum is looking strong for up side move. Note: All the charts are for educational purposes. Do your analysis before going into trade.
Hindpetro is about to reach a strong a key level Both of the two are important. Based on price action 5 things can happen. 1>Breakout and continue 2>Test the level and reverse 3>Price consolidates near that level(sideways) 4>Fakeout and reversal 5>Retracement & continuation So take your trade with confluence and if further assistance is needed always contact 9831633793
A head and shoulder breakout on the Hind petrol. The size of the head from the neckline should be the target from the neckline on the upside!
CMP = 231.25 Target 1 = 243 (5%) Target 2 = 265 - 272 (16.5%) Sl = 221.85 (4%)
Inverse Head And Shoulder is formed and retest of support line is a good factor for a BULLISH moment in NSE: HINDPETRO. Volumes are goods. Priority is good bullish with stop loss at 200 .
HPCL H&S breakout above 230 buy for target of 270 290 sl 215
HindPetro Long at 171.5 - 169.5
HIND PETRO BELOW 187 IS A SHORT WITH TARGET: 165 AND STOP LOSS: 200