Search in ideas for "HPCL"
Short Selling In HPCL On April 13thhi HPCL is moving in a channel
Placing a short for 5rs will earn a huge profit
Please let me know
Thanks
HPCLEntry Taken Aggressively because 3.5% dividend
Note : Result was very poor and may be more fall will come
Allocation : 2%
HPCLbreakout given weekly chart
might give good upside move in future
not any recommendation thank you
HPCLHindustan Petroleum corporation limited
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HPCLin.tradingview.com
Stock is trading near upper end of downward channel.
Positional trading call - Short with target of 250 stoploss 300
Hindustan Petroleum trading at channel resistanceHindustan Petroleum has been in uptrend and become more then double in 11 months, it has been trading at channel resistance and may target towards support some where between 450 in near term or it may break the channel to go further upward so SL is small 505
HPCL: At support levels255 to 268 is the support zone
Trend view:
Above the green Trend line stock is in positive territory
Currently possibly a Correction phase in up trend.
Trading Plan
Consider buying at cmp and or on dips towards 258-245
SL: Exit if stock closes below the green trend line on weekly charts
Take care & safe trading...!!!
Disclaimer
-The view expressed here is my personal view
- Past performance is not a guarantee for future predictions
- I have been wrong in the past and can be wrong again in future too
- Use this for educational purpose
- Any decision you take, you need to take responsibility for the same
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- if trading in F&O, understand that F&O trading involves risk
- Do take proper risk management measures
- Do your own analysis and consult your financial adviser if need be
