HindPetro is currently on major Monthly resistance level, and the price is moving in an upward trending channel.
If the price breakouts 220 , can be a confident trade to Go Long with first target being 228.. Stop loss around 214.
As can be seen the price has been trading above the Cloud on a weekly TF which means the stock has entered a long term bull market. With all other indicators (A/D line, Other Ichimoku indictors, Moving averages) pointing to be on the long side. The stock can be bought on dips at the Tenkan and Kijun levels in small quantities.
Happy trading / investing