HPCL looks all ready to break out and give gains in the longterm. Breaking its resistance at 235 reaching a short-term high of 252. HPCL is bullish and is ready to boom. PS: I'm a College Student, not a broker, I'm not qualified enough to suggest people trades. I'm a student to take a keen interest in the Stock Market during the lockdown. These are for...
Momentum is good Volume is good above 200 dma forming symmetric triangle Buy above Previous Day high with sl 395 Target 482, 520
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₹
It continues to be on a bullish path and now after a minor pullback is trading above Weekly resistance. It could test 250 and then 275. Short term view gets negated below 227
► Advance Pattern #2 ◄ 📌 I have found that some stocks follow their own pathways. These are ❝ original and unique patterns ❞ that can achieve their target almost 80-90% times. Here, I have posted one of my favourite 💕 chart patterns. ☆ I will post the remaining patterns one by one on Sunday. For your reference, you can check out my previous studies as well....
HPCL is at a major supply zone, the next few days will be crucial
Please note this is not a recommendation, but only for educational purposes. Before taking any positions please consult your financial advisor. Stock is near the weekly breakout. Can touch 320-330 levels in short term.
buy with stop below 222 positional view based disclaimer - for study purpose only
HindPetro has given a perfect bounce from its support and is now poised to cover higher grounds. On Balance Volume is steadily rising indicating investors increasing confidence Can go Positionally Long with the first target of 208
Wait for the retracement and then go on a long position...
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 Idea published on 19th June Trade Analysis The trade was purely based on historical price points... important support & resistance levels - the green & small blue line told us the importance of 210-214 levels - targets of 228 / 236 were kept looking at longer time frame horizon The upper resistance is around 243 highlighted by the red line....
HPCL H&S breakout above 230 buy for target of 270 290 sl 215