HEAD AND SHOULDERS PATTERN BREAKED IN HINDUSTAN PETROL You can see in the DAY chat Clearly showing a head and shoulders pattern And it's entry point the neckline is also breaked Meaning it's a goood opportunity for selling For download side there is a good breakout occurred It's clearly fall a lot in long-term The target are also mentioned here Tp 1 -382 Tp2-...
Entry Taken Aggressively because 3.5% dividend Note : Result was very poor and may be more fall will come Allocation : 2%
If the sentiment is to cut fuel prices..OMC's are going to get hit.. Short HPCL below 484 with a SL above 490. Short term breakdown plus sentiment change and sector headwinds.
Hindpetro is clearly a sell now, confirmation is there when u look @ Bpcl .. both have formed H&S and even IOC has double top formed .. So be very very careful with your delivery positions ... Short in options.
Two methods to project the Targets while trading based on SYMMETRIC TRIANGLE PATTERN HINDPETRO Analysis on Weekly Timeframe! Symmetric Triangle formation in HINDPETRO on Weekly Timeframe Symmetric Triangle Resistance Trendline Breakout HINDPETRO has made symmetric Triangle pattern on Weekly Timeframe. HINDPETRO is forming Symmetric Triangle Pattern about 6...
Plan your Trade and Trade your Plan The trend is our best friend Follow the process not money
Hindpetro looking good. First t1 = 680 Second t2 = 1080 This is only for educational puporpose. Dont buy or sell based on this
Hindustan Petrol Looking Strong Bullish.. Good Volume.. Education Purpose Only... Please Consult Your Financial Adviser Before investing.. Please Maintain Strict Stoploss... Book 70% at Target 1 and Rest Trail and Book at Target 2 ... Don't Risk More than 1% or 2% of your capital in a single Trade..
fib Retracement tgt was around Rs.575 acc to stock retraced above Rs.500 levels...next tgt Rs. 630 in next few months..
Pole and pennant pattern however still a move to lower edge is possible. It may still be very slow so don't expect result in near term
Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. - Stock is trading at 0.96 times its book value. - Stock P/E 2.63 - Running on Lowest P/E ever. - sept. quater net profit nearly 6000cr, 2nd...
Multi year Breakout- Triangle Breakout - missed to posted
Script is sustained in intraday of long term monthly resistance of 490 from 2017. And also day uptrend channel breakout. Short term target is 570
📊 Details Hindustan Petroleum Corporation Ltd is mainly engaged in the business of refining of crude oil and marketing of petroleum products, production of hydrocarbons as well as providing services for management of E&P Blocks. Disclaimer: This analysis is solely for educational purposes and does not make me a SEBI registered analyst. If you found this...
The stock is in an uptrend The overall volume indicates bullish momentum There is a breakout visible from a small triangular pattern formation, The breakout candle is good having negligible wicks, coupled with higher than average volume and atr Thus there is a short term trade tgt = 427 , sl = 379
Hindustan Petrol ( HPCL) weekly Analysis CMP 257 Buy for Target 300- 330- 350- 400+ SL below 220
Stock in uptrend Monthly breakout Volume support Symmetrical triangle breakout