Breakouts are overrated, Pullbacks are underrated. One can consistently make money in getting into pullbacks too. Hindustan Petroleum, got one such BUY signal today. The watchlist was sent to all the subscribers yesterday. Strategy used: Pro-Pullbacks.
HINDPETRO (Hindustan Petroleum Corporation Limited) SELL BELOW 306
NSE:HINDPETRO Long above 245.80 with SL 241.80 and TP 253.80 Note: Consult your registered adviser before taking any decision. Always risk 1% of account size per trade, adjust the position size accordingly.
HEMRAJ PRAJAPAT Trade Plans: Sell Below 261.25 with the Stop Loss of 262.6
HINDPETRO (Hindustan Petroleum Corporation Limited) BUY ABOVE 268
Hindpetro Buy Pending 241.15 Stoploss 228.15(13/-) Target 254.15(13/-)
HINDPETRO short if RSI goes below 40. Target - 286 / 284 / 282
NSE:HINDPETRO
Buy btw- 286 for a traget of 296 Short below 280 for a target of 273
HINDPETRO 4 hr time frame short term bearish if 301.10 holds then 340 possible if not then down to 283.95 bearish.
HINDPETRO - BAT PATTERN BUY NEAR 250.95 SL 245.4 T1 259
MOMENTUM TRADE IN HPCL/HINDPETRO APRIL FUT SHORT@267 STOP@272 TARGET@257 LOT:2100 QTY:2
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.