If 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
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.
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.
A small surge can be expected towards 183... can reach 196 if it breaks 189 resistance
Head and shoulder patten if you like like this and follow
TREND ANALYSIS & TRADE SETUP Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX. Wait for entry setup, if available then Long/short. R:R is 5-8 times.
HINDPETRO, exactly at supply zone and perfectly rejecting at 200 sma. Seems bearish.
I would greatly appreciate , if you give me LIKE . HINDPETRO is available at FUTURES AND OPTIONS Follow NEVADA TRADING to get notification at e mail - for all new Trading ideas Idea is for positional trading not Intra day trading.
INTRADAY TRADE (TRADE FOR TOMORROW | NOVEMBER 5th, 2018) HIND PETRO #BUY ABOVE 245
INTRADAY TRADE (TRADE FOR TOMORROW | OCTOBER 24, 2018) HINDUSTAN PETROL BUY ABOVE 220