HINDPERO Perfect Holding CandidateHINDPETRO -Buy call for HINDPETRO was given on 11 May. Buying Range was 260-265 . Currently trading at 320. The stock is heading to 450 levels in midterm. Below is the call shared on May 11 Longby Omahto1
HPCL TARGET COMPLETEIdea was shared two weeks back and told about the targets as per the patter of head & shoulder & we achieved the targetLongby Harihar_wealthcreator0
HINDPETROWeekly resistance trend line breakon & also making IHNS pattern.Tgt as per IHNS is approx 480 on positional basis. pattern will fail below 300.Longby PK90540
Buy HPCLBreak out Stock Trade above 20,50,100,200 EMA Volume rise with price Trend Reversal Buy with 280 Sl for target of 390 LTP 300Longby hardikshah21286Updated 0
HINDPETROif hindpetro come to 312 and take support than we should go long and take good target by avinash6631
HINDPETRO, Inverted head & Shoulder breakout on weekly timeframeBeautiful Inv. Head & Shoulder formed on weekly TF by Hindpetro. Best entry is highlighted in chart. Risky platers can enter at breakout of day high. Thanks Piyush Gupta Learn & EarnLongby Piyush-Gupta5550
BREAKOUT IN HINDUSTAN PETROLEUM -- SWING TRADEStock has broken out of a trend line with reasonable volumes. One can enter at the high of the breakout candle and SL will be the low of the same candle. Aim for a target of 1:2. Make your own decisions, this is not a call. Also, trade with proper risk management.Longby chananasaksham1
hindpetro chart analysishindpetro chart analysis for intraday and swing tradingby TRADINGENGINEER1431
cup & handle candidate !HINDPETRO : 268.65 trade setup : 1. buy above 277 2. keep stoploss as 266 3. targets 289/304+ technical buy based on : 1. cup and handle pattern 2. breakout conceptLongby HARMONICSANANDUpdated 14
hindpetro part 2 : inverse head and shoulder !HINDPETRO : 268.65 trade setup: 1. buy above 278 2. keep stop loss as 265 3. targets : 289/311+ technical buy based on : 1. inverse head & shoulder pattern 2. multiple time frame analysis 3. resistance breakout conceptLongby HARMONICSANANDUpdated 3316
Hindpetro LongHindpetro Long Inverse Head & shoulders pattern Buy at CMP- 275 SL- 260 Target- 290, 310, 325 Disclaimer- We are not SEBI registered advisor. Charts and views are only for educational purpose. Longby ashwinjethwani1409Updated 1
HPCL expecting breakoutHPCL is currently testing 310 level breaking this crucial level may followed by major bullish momentum to its ATH 480 levels Longby aftabmk6
HINDPETRO : Inverted head and shoulders patternHINDPETRO Inverted Head & Shoulder pattern Breakout above 320 Longby AsHoK_ElaN6
Simple Trade Setup | HINDPETRO |04-10-2021 [INTRADAY]NSE:HINDPETRO Observations: 1) On 15min time frame, we can see there is hidden bullish divergence is formed. As price is making higher lows and RSI is making lower lows. If tomorrow it sustain above 300 level then we can see upmove. Please refer below chart : 15 Time Frame. ------------------------------------- Trade Setup for Date 04-10-2021: 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respsective level considering how price action works near that level.by Trading_hawk1
Like to breakout the consolidation zone Target : 350+ SL : 290 ( closing basis) Reason : Oil price on High , eyeing on Green power and green Hydrogen Opportunities, Participation in Ethanol Manufacturing plant to meet the 20% ethanol blending target by 2025. Longby PriceWorksIndeed4
SELF EXPLANATORY SERIES : QUICK ANALYSIS ON HINDPETRO.In this self explanatory series I will be posting charts with pure technical analysis only without full length explanations , Traders can ask their doubts in comments section, Happy trading. Disclaimer : This idea was to just give you an insight about my own view and personal observations. Please do your own research or consult an investment advisor before doing any investment or trading.Longby saikrishna99997
Bullish patternWhat We can see here is the #INVERTEDHEADANDSHOULDER# Pattern the stock has broken the neckline as we can see it is facing resistance at previous level and the rsi also showing oversold and is at high price TO go LONG we can wait for some consolidation so that RSI will also cool off either if it gives consolidation we can enter at287-293 and if doesnt get consolidation we can enter above 312 doo your due diligenceLongby Manish23021991
Hindpetro 1D chart analysis.As we discuss in our analysis. Target Achieved. NSE:HINDPETROby sameerusadadiya36112
All About 200MA |How to use it to take trade with example.Part-1NSE:HINDPETRO All About 200 DMA. How to use it to take Mid/Long term trade. 1)What is 200DMA? It is simple technical analysis tool that is an average of daily close price of last 200days/candles. It is used to smooth out the price and it will remove the intraday fluctuation noise. 200DMA == 200 Daily Moving Average 2)200DMA is the one of the main critical support/resistance that it will work in downtrend or in uptrend. --------------------------------------------------------------------------- How to use it and how to take trade? 200DMA as support: If price is above 200DMA then it will work as Support and it is time to buy trade opportunity. Please refer below chart: 1Day Time Frame 200DMA as resistance: If price is below 200DMA then it will work as resistance and it is time to short/sell trade opportunity. Please refer below chart: 1Day Time Frame ------------------------------------------------------------------- Steps to follow to find and take Trade. Step: 1 Need to find Chart pattern on Daily Time frame; such as bullish flag, triangle, rounding bottom, cup and handle head and shoulder etc… Step: 2 If there is no clear pattern then Judge the price action. If it is trading in uptrend/downtrend parallel channel , If it is in accumulation , if it is in distribution etc…. Step : 3 Find Support and Resistance on Chart Once these 3 steps are clear you have most of all to take mid/long term trade. ------------------------------------------------------------------- NOW Let’s look at example. I am taking HINDPETRO for example. This Part 1 is with buy trade example. Let’s take Step: 1 So, in below chart we found one pattern which is Cup and Handle Pattern. So, our entry will be on breakout of it. Please refer below chart: 1Day Time Frame Step 2 is not needed as we already found Pattern. Step 3 : Please refer below chart for Support and resistance level. We can see that it is having immediate resistance at 190 level and major resistance at 200 Level. Breakout on 190 level will be quick buy till 200 But safe buy will be on breakout of 200 level with SL just below 190 level which will be 185 level for mid/long term trade. Please refer below chart: 1Day Time Frame -------------------------------------------------------------------------- Now the main point about Target: What can be the Target. As our SL is decided at 185 level. To decide our Target, we can go a back in history where earlier it had taken support at 200DMA and gave bullish rally. So, if we see in month from May to Aug it rallied almost 94.65 points after it took last support in near range from 200DMA. Please refer below chart: 1Day Time Frame So, let’s take target of max 90 points from the level of 200DMA. Level 179 was the level at which it took support from 200DMA and now adding 90points we can see 269/270 as our Target. Let’s consider our buy trade entry at 205 level. And Our Target will be 270 and SL will be 185. Hence our Risk Reward will be 65 (up move) / 20 (down move till SL) = 3.25 : 1 Please refer below chart: 1Day Time Frame Even we can see that stock even move higher than our target. But to get higher target we will need to use FIB Retracement tool. For this article let’s keep it till this. Hope I made it easy to understand. Part 2 for 200DMA short trade with example will be posted separately. Do comment your doubt or suggestions. **************this is for educational purpose only**************Educationby Trading_hawk121215
HPCL: Short term view- BullishWeekly MACD cut may come on positive side. All indicators are showing positive signals. Vijayaraghavan.K, Kovilpatti.Longby VijayaraghavanUpdated 221
Hind Petro shortLong wick candle means supply, target can be 290/286. 305 SL. Nifty looking weak taking cues from the global market. It's a positional trade although can see some selling intraday if momentum towards the downside persists.Shortby thelastbull0
[Positional] HPCL Short IdeaIt is gap. Gap is filled. It is huge wick telling resistance Huge OI at 300 Calls So, short below today's low. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" , "Bounce" , "3BB" or "Entropy" - My own systems. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. =======Shortby Amit_Ghosh2210
Hindpetro - potential 35% upsidePrice Breakout accompanied with Hidden bullish divergence on Weekly chart Monthly RSI >60 depicting good momentum Weekly MACD turning green by NoobInvestor_760