DESCRIPTION GIVEN IN THE CHART. WAIT FOR THE PRICE TO HIT THE POINT OF REVERSAL AND SHOWING THE SIGN OF REJECTION. IF THE GIVEN PRICE RANGE BEING CROSSED WITH EASE THEN AVOID THE TRADE.
DESCRIPTION GIVEN IN THE CHART. WAIT FOR THE PRICE TO HIT THE POINT OF REVERSAL AND SHOWING THE SIGN OF REJECTION. IF THE GIVEN BEING CROSSED WITH EASE THEN AVOID THE TRADE.
Stock formed huge hammer candle with huge volume in Oct,18, since then stock gets stabilized.
Currently trading near previous trend-line resistance.
Further confirmation required to spot reversal in the stock, till then keeping it on in the track list..
HINDETRO DOWNWARD TREDNLINE BREAK POSSIBILE?
A close above 240 will assure of a breakout
New targets will be available
November futures trade if closes above 240
BUY@240.5
STOP@230
TARGET@262
LOT:1575
QTY:2
Based on my xMRSI-Progresser predictive trading methodologies, its going to be a GREEN candle on 01-Oct-2018 for HINDPETRO
Buy Above(5Min candle close): 252 for targets -
T1: 253.9
T2: 255
T3: 256.2
SL: 250
Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and...
