HINDOIL 15 YEAR BREAKOUT, LONG15 YEAR BREAKOUT IN HIND OIL.
#Stock ready for rally 🔥
📷High Potential 15-year #Breakout
📷PE RATIO: 20
#StockMarket #BreakoutStock
HINDOILEXP trade ideas
Long term bullish with VCP/ Cup and Handle play in mid termFor India to become to grow Energy Independence will be the key lever. It starts from expanding Upstream capacity in Oil - which is where HindOil plays.
We are in 3 of Long term (Monthly) and 3 of mid term (weekly) with 3 of short term (daily) just finished.
Look for reversal signals to enter and enjoy the ride.
Short term target 415. No SL required - ride till 2030. :)
LONGHINDOILEXP
CMP: 267
Monthly Chart
Key Study Points:
- Rounding bottom breakout with Cup and handle
- Multi Year Breakout
- Strong Price Action with Volume
Trading in tight RangeBreakout candidate and trading in tight range and fundamentally capcity has been added which can see boost of earnings
HINDOILEXPprice is traded at support area so it s possible chance that price will move upper side
after breaking of trendline entry will be possible
Stop loss will below last swing low which is marked in red area
target as marked in zone.
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be slightly incorrect. We are not SEBI registered.
HINDOILEXP bullish; above 209 ? - friday 19th Apr.The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below...
SWING Trading Strategy:
Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%)
INTRADAY Trading Strategy:
1) Impulse upmove stage: The strong upmove (nearly upto 2% from breakoutprice) happens within five to 15 minutes. "High Risk Traders" buy in hope of another 2% upmove intraday.
"High Risk Traders" patiently wait through the Pullback-Consolidation stage to realize profits. High risk/High reward set up as breakouts may fakeout (reversal)also
2) Pullback-Consolidation stage: After the above "Impulse upmove stage"; the price may then pull back and move sideways (between "Open" price and "High" of the above "Impulse upmove stage").
Safe traders with minimum risk profile wait for a breakout from the consolidation to enter at this stage to relize high profits in the final intraday final "Breakout continuation" stage
3) Breakout continuation: Stocks often in the third stage breaks up above the "High" of the first "Impulse upmove stage" and continue to go higher again.
Both Safe Traders/High Risk Traders book profits at this stage
This do not constitute, financial, investment, trading, or other types of advice or recommendation.
Hindustan OIl ready to break box pattern with volume-ready to break box pattern
-rsi showing strength
-volume rising in lower time frames
-macd crossover done
-keep in radar it can give upto 20% return above box
HIND OIL EXPLORATION - good setup in OIL sectorClassic VCP has bee, formed in HIND OIL EXP, need strong close above 211 for more advancement, but be cautious as most trades are getting stoploss hit.
Buy- 199.7
Tgt- 258
Stoploss- 191.7
Risk/Reward- 8.11
HOEC in upward channelHOEC is holding the bottom of upward channel and trading above 20 EMA
We can see it going to the mentioned targets in chart
keep stop loss as 160 on day close basis
HINDOILSector : Oil & GAS
MCAP : Small Cap
Industry : Oil Exploration & Production
Challenges:
Hydrocarbon Exploration Risk: Finding commercially viable oil and gas reserves is inherently risky and involves significant upfront investment.
Fluctuating Energy Prices: The global oil and gas prices can be volatile, impacting HOEC's revenue stream.
Government Regulations: The oil and gas industry is subject to various government regulations concerning exploration, production, and environmental impact.
Core Activities:
Exploration: HOEC explores for oil and gas reserves onshore and offshore in India. They utilize geophysical studies, seismic surveys, and exploratory drilling to identify potential hydrocarbon deposits.
Development and Production: Once a viable oil or gas reserve is discovered, HOEC works on developing the field to extract the resources efficiently. This involves activities like building platforms, drilling production wells, and installing pipelines for transportation.
Sale of Hydrocarbons: The extracted crude oil and natural gas are then sold to refineries or other companies for processing and distribution. HOEC's revenue comes from the sale of these produced hydrocarbons
My Take : If Crude Price rally that will benefit this stock
First Enty @ 159
Allocation : 1%
Breakout With Strong Momentum & Very High Volume-support from lower trend and now near resistance area
-momentum is very strong and volume is also high oil & gas sector stocks rising
-above resistance area it can give 20% return in short term
-keep in radar Hindustan Oil can give decent return
Hindoil : ResistanceHINDOIL:
Approaching channel resistance
If breakouts, then huge possibility of GAP filling
HINDOILEXP : Breaking Out of daily rectangular pattern?Hindustan Oil Exploration is trying to break out of daily consolidation pattern.
HINDOILEXP: opportunity for steep rise.🔍 Technical Analysis Update for NSE:HINDOILEXP - Week Starting January 23, 2024
📊 Current Status: The stock closed at a high of ₹186.85 on the last trading day. It has been range-bound since August 2023 but recently breached a six-month high before closing just below it.
📈 Entry Point: Consider entering the trade if the price crosses and sustains above ₹189.80 in the next day or two. This could signal the start of a bullish trend.
🎯 Target: The first target is set at ₹196.40.
🛑 Stop Loss: A key stop loss point is at ₹172.85, aligning with a critical Fibonacci level of 0.5 at ₹172.75. This acts as a strong support level.
💹 Key Indicators:
Volume: Increasing volume supports the potential bullish trend.
Percentage R: Positioned at the upper band, indicating bullishness.
Stochastic RSI: A buying crossover has occurred in an oversold situation, further supporting bullish prospects.
🚦 Overall Outlook: The stock is showing signs of breaking out of its long-term range with increasing volume and positive technical indicators. Monitoring the stock's ability to maintain above ₹189.80 will be crucial for confirming the bullish trend.
⚠️ Disclaimer: This analysis is for informational purposes only and is not financial advice. Investors should conduct their own research and consult a financial advisor before making any investment decisions .
🔖 #HindustanOilExploration #StockAnalysis #BullishTrends #TradingStrategy #StockMarket #InvestmentTips
🌟 Stay informed and trade wisely! 🌟
Hindustan Oil Exploration about to head higher!Positional trading pick!
#HINDOILEXP might head towards 300 levels
Fundamentals:
- Mcap: 2471 cr; P/E: 9.31
- ROCE: 20.4%; ROE: 24.1%
- 3 yr Sales/PAT CAGR: 40%, 24%
Technicals:
- Trend changed to uptrend in Apr'23
- Price retested the breakout zone in Aug'23
- No follow-through selling after Aug'23 sell-off
- Price consolidated towards channel support for the last 5 months
- Price forming a higher high & breaking out with volumes this week
Stop - 167 or 10.7%
HINDOILEXP - Weekly AnalysisIn the Weekly Chart of HINDOILEXP ,
we can see that, after the failure of big Cup & Handle, it made a strong consolidation at last support and has given Trendline breakout.
Also, Inside and decision making candle is formed.
we can enter on breaking its High with Low as SL.
HINDUSTAN OIL EXP on watch list HINDUSTAN OIL EXP at good levels...
Range BO after last four months consolidation with good volumes
Now trading at recent high levels
If this level breaks on weekly closing basis, then can b seen at +200 levls
This is not a BUY or SELL recommendation.
I am not SEBI registered; this idea is for Educational Purpose only.
Learn, Practice & Earn.
Watchout for 5 months range BOThe stock has consolidated for 5 months and now trying to give a range BO.
A weekly closing above 185 - safer above 188 will confirm the breakout and can make the stock further more.
This is not a BUY or SELL recommendation.
This idea is for Educational Purpose only.
Learn & Earn,
Dr. Tanya Kumar
13% upside move possible from hereHindustan oil is looking good from here
volume is very high
above all crucial ema
tested resistance zone multiple time
rsi is so strong
HINDOILEXPO-- Positive ClosingHINDOILEXPO-- Positive Closing
1) VCP forming
2) Good Breakout possible
3) 50 % and more within few days/ Weeks
Hindustan oil trade setup for As per the trend
it has two weekly support. currently trending in channel bellow 50 SMA.
as per the demand and supply rule, it has to react from
1. 175 RS if daily channel breakout is done.
2. if stop-loss hits then it can react from either of the supports or react from the combination of the two support zones.
tell me if anything is missing from my side
trade will be active from:
1. 175RS and above (target visible 230)
2. if fail, 135-138 RS and above (target invisible possibly consolidation 150-175 range)
this is for study purpose only
Hind Oil ExploreBuy abv 174 closing on daily time frame
targets are mentioned with sl
time frame 3-6 months
Hind Oil Exp - Crude playWith crude prices popping further and stock markets correcting this co could provide the opportunity.
Long around 155/153 with a 5% SL or 146 with a 5% SL...depending on where the stock reverses.
There could be an RSI positive divergence which is a good thing.
Look for a reversal to first come in this sector... (While focusing on stocks which don't attract windfall taxes)
