HINDPETRO Gap Up opne hona ka umid hai aur aur profit book hoga 300 pr Pullback aaye ga to buy krna hai
wait for support line
If price respect it's support & resistance trendline then this trade setup will work perfectly. Entry-237.35 Profit-279.60 SL-228.20
Hindpetro Closing Price - 236.55 Buy On Opening At Cmp Strict SL - 202 (WCB) Target - 320+++
Breakout of a consolidation phase. The breakout happened with good volumes. Coming back for a retest. Support from 200 Day Exponential Moving Average. Good opportunity to enter a long position. * Educational purpose only * NSE:HINDPETRO
Hi, don't forget to like in case you like the analysis. Analysis basis : 1. On a daily time frame we have seen a good multizone breakout, hence buy bias. 2. We came down to 4H time frame to check for accumulation zone and confirm with a double pattern breakout. Suggestion : Aggresive entry (25%) now + Safe entry (75%) after zone break I have personally invested...
hindpetro chart analysis for intraday and swing trading
Note: This is for educational purpose only. Please do not trade F&O in this. There seems to be a bullish breakout in play. The breakout is happening from last 52 week resistance. There seems to be a breakout is RSI as well. RSI at 69 indicates bullish momentum. Moreover, the breakout is happening post build up near resistance which is a sign of strength. SL: 220₹
Sell 232-235, SL is marked with the red line and targets with a black line. If the stock opens above 238 or breaks 238 within 30 mins from the market open time, then avoid this trade. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team