HINDOILEXP trade ideas
Hindustan Oil Exp Co. - Descending Triangle Bullish BreakoutNote: This is for educational purpose only.
There seems to be a bullish breakout with ultra high volume. Similar breakout seems to be in RSI as well.
Hindoilexp LongI hope you can now see how Hindoilexp represents an excellent low risk profit entry setup allowing you to trade in the market.Take positions so that the risk/reward is in your favor.
Knowing why, where & when a strong reversal signal is being generated will be the only way to capitalize on your technical analysis .
Thank You
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these chart will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these products are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. The publisher assume no responsibility for your trading results. There is a high degree of risk in trading.
Stock to watch out in the coming weekExpecting the stock to go up with 21EMA acting as a support. If the stock corrects further 74-77 is a major support area.
HOEC - BULLISH PIN BAR!HINDUSTAN OIL EXPLORATION HAS A BULLISH PIN BAR FORMATION.
AS PER THE ICHIMOKU DAY CHART, THE PRICE IS EXPECTED TO GO UP TO 119.1.
ENTRY IS TO BE DONE ABOVE 115 AND STOP LOSS IS TO BE MAINTAINED AT 110.
wyckoff reaccumulation on hoecLooking at the swing volumes on the current uptrend, the supply generated on the down swings are gradually becoming lower, that is to say that demand is coming in control more and more
disclaimer.. not an investing/trading recommendation
Hind Oil ExploarationThe stock seems to be moving out of BIG Cup and Handle Consolidation spanning over almost 2 years. Strength can be seen coming if it manages to close above 155 odd levels today!
HOEC : Should We Ride on this Road ...Dear All , Everything is mentioned Over the Chart ... Good Luck !!!
#HINDOILEXPGapup
2 BH>50%CH candles
Retracing from 61.8 fibo level
SL 100
Target 120 / 128 / 135 / 145
Forming Higher Lows
CCI(M)>100
HOEC could go long from current levelsHOEC could long from current levels, already had a good breakout as per technicals
HOL - #WatchlistThe stock has given a good break out, however a more powerful close is needed. Can it give a good close above 98-99 odd levels tomorrow? Let's see!
Inverse Head and Shoulders Breakout!Amazing Breakout and this kind of breakouts are very powerful! So, 15% to 20% upside is eminent!
hindoil explorer looks bullish in medium term double bottom formed after a long downtrend,
price broke the neckline and pattern got confirmed,
and then price retested the broken neck line and reversed
also hidden bullish divergence is seen in weekly.
sl - 65 pattern tgt - 108
