HINDPETRO
HINDPETROIt appears to have formed a double bottom in lower time frame after the recent sell off. If it sustains above 260 then it could retest 275 where it finds its first level of resistance for any bounce/reversal.
Hindpetro Short for 250 - 240I am selling Hindpetro only after it crosses 280 for the target of 250 - 240 and 225. SL will be 300. This trade will be positional.
PAIR TRADE !!HPCL-VS-IOC!!HINDPETRO-VS-IOC PAIR TRADE
EXECUTE THE FOLLOWING
HPCL(HINDETRO)
DEC FUT
BUY@267.2
QTY:2100
CASH (DEL):
BUY @266.25
QTY:1235
IOC
DEC FUT
SHORT @127.4
QTY:7000
(3500*2)
!!EXECUTE BOTH TRADES!!
!!STATISTICAL ARBRITRAGE!!
!!HOLD FOR GAINS!!
!!FOLLOW UP-FOR UPDATE!!
PAIR TRADE !!HPCL-VS-OIL!!HINDPETRO-VS-OIL PAIR TRADE
EXECUTE THE FOLLOWING
HPCL(HINDETRO)
DEC FUT
BUY@267.2
QTY:2100
OIL(OIL INDIA)
DEC FUT
SHORT @155.5
QTY:3399
!!EXECUTE BOTH TRADES!!
!!STATISTICAL ARBRITRAGE!!
!!HOLD FOR GAINS!!
!!FOLLOW UP-FOR UPDATE!!
Hindustan Petro - Pullback entryBreakouts 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 Long Setup [Intraday]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 | HINDPETROHEMRAJ PRAJAPAT Trade Plans: Sell Below 261.25 with the Stop Loss of 262.6
HINDPETRO (Hindustan Petroleum Corporation Limited)BUY ABOVE 268HINDPETRO (Hindustan Petroleum Corporation Limited) BUY ABOVE 268
HINDPETRO bearish short termHINDPETRO 4 hr time frame short term bearish if 301.10 holds then 340 possible if not then down to 283.95 bearish.
