Search in ideas for "HPCL"
hpcl out of fuelHPCL today broke a trendline , A channel and a major support of 200.
Also it has retested all three trendline, channel and 200 mark.
So multiple reasons to short with a target of 188-190 with a SL of 202
HPCL at Fibonacci supporthpcl is at Fibonacci support, stochastic cross over happened and RSI waiting to cross 50. if it happen good for short term
HPCL MAY TOUCH 258 SLEVELS...ON OR BEFORE 20TH FEB 2020HPCL MAY TOUCH 258 LEVELS....ON OR BEFORE 20TH FEB 2020
ENTRY LEVEL : 235-228...
STOPLOSS: 221 ON 1D CLOSING BASIS....
HPCL Daily Analysis Supply zone + Bearish Butterfly + Trend liHPCL Daily Analysis
Supply zone + Bearish Butterfly + Trend line broken on daily chart Keep on radar for Shorts below 272
Target - 265-260-250-240+ CMP 273.95
HPCL DAY TRADE SETUPHPCL LONG DAY TRADE
CAN TEST 335 IN FUTURE TODAY
MAY FUTURES TRADE ONLY/CAN BE CONVERTED TO BTST
FUTURES
BUY @320
STOP @310
TARGET @295-292
(LOT 1575)
RECOM:-2
(NEWS BASED TRADE HIKE IN PETROL AND DIESEL PRICES)
HPCL range 410 - 350 for Feb 2018HPCL is below the 50 and 200 DMA and is in a downtrend with the resistance of 410 and support of 350.
You can use every opportunity to short when the stock reaches 400-410 and cover your position at 350-360.
HPCL-Short SetupHPCL-hourly chart indicating a rising wedge pattern
Also RSI showing a negative divergence
Can the stock be shorted for a target of 479 levels and further target of 470 levels where there is a gap available
HPCLGood opportunity coming for investment in HPCL
after breaking trend line price trying to retest trend line in coming days...180/185 is good area for long entry with stop loss below 160 for target 228/245/267 in coming weeks or months
stay tuned guys for more updates on charts and trade setup
HPCL: Short term view- BullishWeekly MACD cut may come on positive side. All indicators are showing positive signals.
Vijayaraghavan.K,
Kovilpatti.
HPCL: Support @534The stock of HPCL may find its support @534. The stock may target for the next upside level in the zone of 590-620. However, if it breaks below 514, on the worst part, then the situation may get reverse.
The downside risk is of 20-25 points and upside gain can be of 50-100 points.
