wait for support line
Hindustan Petroleum Corporation Limited. Stock is trading at the demand zone, After consolidation stock is now ready to go long, All entry, target, and stop-loss points are mentioned in the chart, act accordingly.
Head & Shoulders Sell below 290 (If breaks with High Volume) Sl above 295 For tgts of 275 / 260
#PETRONET NSE: PETRONET CMP 247 Target : 271 SL 238 Time Frame < 2 months Can hold the stock for longer time after part booking. Factors: Trend Following Inverted Head & Shoulder Pattern. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
HIND ZINC KHATARNAK WEDGE Breakout alert ahead. Self explanatory chart. For educational purpose only. I am not a sebi registered expert. Trade at your own risk. Feel free to text & Share your views.
If price respect it's support & resistance trendline then this trade setup will work perfectly. Entry-237.35 Profit-279.60 SL-228.20
#ONGC NSE: ONGC CMP 117.60 Target 130+ Time frame < 2 months Factors: Petroleum sector booming Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE levels Trading at SUPPORT levels Fundamental are strong. Risk Return Ratio is...
Reasons for buying : 1. +RSI divergence 2. Trendline break 3. FIbo 61.8% support level 4. Conitnuation of bullish trend
HINDPETRO has broken its long time zone and it can give pretty good targets which are mentioned in the chart alongside the stoploss.
BUY HINDPETRO ABOVE 260 SL -350 FOR SHORT TERM TRADER 320 FOR MID TERM TRADER TARGET- 290 310 350 DURATION- 1 TO 4 MONTHS DISCLAIMER:- I AM NOT SEBI REGISTERED . ALL THE ABOVE ANALYSIS SHARED IS MY PERSONAL OPINION.
HINDPETRO (Weekly):-CMP 265 Look Good For 350/400++ 1) Multiyear Breakout :) 2) Volume Buildup
#ABAN NSE:ABAN CMP: 31.30 Target: 50++ Stop Loss: 26 Time Frame: less than 2 months. Might hold above 50. Factors: Rising Volume with rising Prices. Channel Median breakout. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher High & Higher Low. Broken above resistance. Trading at support. Fundamentals are...
There is a series of accumulation at the Resistance level so if there will be volume support, it might touch its targets within a single day. Multiple retests have been done at the Resistance level. If it doesn't touch a target within a single shot, then it can do some retracement after which it will touch its target. SL can be put in a 1:2 ratio.