Hindustan Petroleum#hindpetro Hindpetro-As per the Technical chart Stock
is moving out from the support zone,
A good movement is possible in Hindpetro for upside Targets.
Hindustanpetrol
intraday, swing, short term; min 70% returns, hindpertol, hpclTrendline is broken and retracement is also completed.
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
.
.
.
. more than that " HPCL "is fundamentally good
.
.
.refer our old idea attached below
Hindustan Petroleum Corporation Ltd (HPCL) breakout Hindustan Petroleum Corporation Ltd (HPCL) strong Breakout
Hpcl break out with storng volume and momentum yesterday. Long build up form in this stock. Buy above 245. Next target 248, 252, 259
Time to go for long in HPCL. Get ready to catch your profit. Thank you
Hindustan petrolHindustan petrol
Sector: Refineries
Buy above 265 with sl 245
Target - 271, 277, 282
Time frame (2-4 week)
Hindustan Petro AnalysisPerfect Head & Shoulder Pattern found.
Breakout happened.
Target: 274
SL:240/236
HINDUSTAN PETROWait And Watch ??
Look for Low risk, High reward, and High Probability setups-
Things to Remember while Trading with the Trend
1. Know what the trend is.
2. The best trades are made in the direction of the trend.
3. Assume that the main trendline or moving average will hold.
4. The longer the moving average is, the better it defines the trend.
5. Wait for the pullback.
6. Don’t chase the market.
7. Don’t fight the market.
8. Even in the strongest trends there should be some retracement.
9. The closer the market is to the trendline, the better the risk/reward ratio is.
10. Use ADX to determine the strength of the trend.
11. Higher the level of ADX , the stronger the trend, below 20 consider the market to be choppy
12. Hold trades longer in a strong trend.
13. Wait for confirmation of a trendline breaking before reversing position.
14. Know where the Support levels are.
15. Place stops outside the Support levels.
Thank You..
#hindpetro #hindustanpetrol Harmonic SupportNSE:HINDPETRO
Targets Mentioned on chart (black doted horizontal ray).
📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns.
📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone).
******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
Hindustan Petroleum Swing TradeAfter a long time, HPCL comes to my radar as we can see HPCL shows some strength Price is making a double bottom pattern on the other hand also volume is increasing and RSI showing bullish diverge RSI making a higher low. We have a great opportunity our entry price is CMP our SL will be 270.90 and our TGT will be 306 good luck.
Swing Trade Idea for HPCL Good short swing trade possibility, there might be a small pullback for a retest. Play on levels. Always keep a stop-loss and trail your profits.
Entry: CMP
t1: 325
t2: 339.5
t3: 354.35
SL: 297.55
Bullish patternWhat We can see here is the #INVERTEDHEADANDSHOULDER# Pattern
the stock has broken the neckline as we can see it is facing resistance at previous level and the rsi also showing oversold and is at high price
TO go LONG we can wait for some consolidation so that RSI will also cool off
either if it gives consolidation we can enter at287-293
and if doesnt get consolidation we can enter above 312
doo your due diligence
HINDUSTAN PETRO: BullishNSE:HINDPETRO is showing the bullish uptrend to hit target 1 and 2.
Disclaimer:
The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis.
hindustan petrolium head and shoulderWe have seen inverse head & shoulder pattern on daily chart of Hind petro share. A very high probability setup to take long entry. Buying range are given in the graph. RSI above 60 forming +ve divergences. Good risk to reward trade. This is for your educational purpose only.
Hindustan Petrol - Retest DoneHindustan Petrol is so bullish and done with the retest, so give an entry with appropriate Stop loss
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Keep an eye out! Hindustan PetrolIt is at a crucial level to keep an eye out for a possible breakout around 312.
Please do your own analysis before making any decisions and also let me know if I missed something.
Let's learn together.
HPCLHPCL - Cmp 364
Break out candidate. Looks good for long with 240 sl on closing basis for targets of 300/330.
HINDUSTAN PETROL-BREAKOUTGAVE A BREAKOUT IN THE DAILY TF. RETRACED A BIT. AGAIN READY FOR AN UPMOVE. SHOWING GOOD PRICE ACTION. KEEP ON YOUR RADAR. TARGET 1-285 TARGET 2- 299. STOP LOSS-255. NOT A VERY GOOD REWARD TO RISK RATIO AT THE MOMENT.
HINDUSTAN PETROLEUM Trading SetupLong time important support and level. Should take a bounce from here.
HINDUSTAN PETROL - WEEKLY BREAKOUTHINDUSTAN PETROL - WEEKLY BREAKOUT
trendline breakout
triple bottom
Bouncing from 61.8 Fib
Targets in green
Hindustan Petroleum Share | Delivery Stock For 2-3 MonthsIf Breakout is Happen you can Buy For Delivery purpose.
.
1st Target Time Duration is Around 2-3 Months according to Charts.
.
You can also give your suggestions in Comment section
HINDUSTAN PETROL - Inverted Cup & Handle Inverted Cup and Handle Pattern: A Bearish Technical Trading Indicator. Inverted cup and handle patterns can be identified by their large crescent shape followed by a less extreme, upward retracement. These patterns are meant to serve as being indicative of a bearish reversal.
Hindustan Petroleum - Bullish Engulfing at supportNote: 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.
