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
Trendline broken and retracement is also completed. . entry: 260 target: 334 stoploss: 230-220 . trend will be confirmed after sustaining yellow box mentioned. . long term investment; min 40% return. huge potential is there; . . . . more than that " HPCL "is fundamentally good . . . refer our old idea attached below. . stay for update.
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
There is no guarantee in stock market and Nothing over week Always Invest or trade according to your loss bearing capacity Bet on Hindustan Petroleum Corporation Ltd Target: RS 400 CMP: RS 384.80 STOP LOSS: RS 375 Disclaimer: I am not Sebi Registered.
Reason for long a) Consolidation breakout possible b) Monthly Mr.14 set up c) Trendline breakout d) cup and handle breakout in weekly time frame e) Qty and SL needs to be optimized based on 1% portfolio risk
Reason for short a) OI Short build up b) Good engulfing near resistance zone c) Volume and huge price drip d) SL compulsory
Stock in uptrend Monthly breakout Volume support Symmetrical triangle breakout
HPCL looks Buy based on hourly charts. Hourly Channel suggest 440-450 Targets in 2-3 Months Possible. Script is very volatile hence Cash buying is recommended from current Levels for upside possibility 20% till March End. Happy Investing.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPEECTED! NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get...