HINDPETRO Gap Up opne hona ka umid hai aur aur profit book hoga 300 pr Pullback aaye ga to buy krna hai
Inverse head and shoulder broken today with strong momentum expecting big upside from here in this counter
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 2yrs Trendline breakout. Good Swing Trade. Comment your views on this . Follow for more Analysis
POSITIONAL TRADE! Reasons to Trade: 1) TrendLine resistance 2) Good Volumes 3) Inverted Head & Shoulder Pattern SCENARIO 1: The stock might break the Long-term TrendLine as well as the Channel pattern with good volumes and fly. SCENARIO 2: The stock might come down and fill the gap, where the fib 61.8 matches, and then fly. We will Check which scenario...
HINDPETRO looks good at 230. You can buy at CMP with SL of 213, Target 300-330.
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₹
- HINDPETRO is close to breakout from Neckline of Inverse Head & Shoulder Pattern.
buy with stop below 222 positional view based disclaimer - for study purpose only
Note: This is for educational purpose only. There seems to be a bullish engulfing pattern on support with good volume. RSI is 51 which is still in neutral zone.
Hindpetro - Daily chart Bullish positional trade LONG ABOVE 192.... 200 expected Target
HindPetro has announced its results, and my first impressions are that they are exceptional. During times of lockdown, petroleum sales would be one of the most affected ones. Take the example of commercial flights. Their demand have reduced by more than 90%. They are one of the top consumers of petroleum and when their demand falls, automatically, demand for fuel...
HPCL H&S breakout above 230 buy for target of 270 290 sl 215
Buy btw- 286 for a traget of 296 Short below 280 for a target of 273