HINDPETRO trade ideas
Hindustan Petroleum Near Trend line support Near Trend line support
Possible Trade
Entry @ 191
SL 162
Target 1 -> 210
Target 2 -> 220
Target 1 -> 238
Risk : Reward -> 1:2.12
Short at breakdownSeems to be good short opportunity.
Breakdown with volume followed by consolidation.
HPCL for swing tradeDaily support 3 times, likely to bounce back and target 240. Enter once the RSI crosses 55.
4 SEPTEMBER HINDPETRO SHORT Disclaimer: We Are Not SEBI Registered.
All Information on chart are for educational purpose.
SELL BELOW 200
SL 205
TGT 193,185++
hpcl out of fuelHPCL today broke a trendline , A channel and a major support of 200.
Also it has retested all three trendline, channel and 200 mark.
So multiple reasons to short with a target of 188-190 with a SL of 202
HINDPETRO (Long Positional)HINDPETRO (Long Positional)
Note: Breakout / Stoploss is on closing basis
HIND PETRO GOOD FOR LONGBuy HIND PETRO at CMP 209.6 to 207, SL 199 targets 225/239/250/270
breakout 1 214-215
breakout 2 239
am not sebi registered analyst, this for educational purpose only.
trade with your prudence
HINDUSTAN PETROL SHORT TIME DELIVERYHINDUSTAN PETROL: 1 HR TF
1 HR TREND HAS TO CHANGE TO BUY TREND. NOW ITS UNDER RETRACEMENT . WHEN TREND REVERSL HAPPEN IN LOWER TF.
ENTER THE TRADE.
TARGET: 220.
STOP LOSS: WHEN TREND REVERSAL HAPPEN BASED ON THAT WE PLACE THE STOP LOSS.
hindpetro bearish channel breakouthindpetro have broken on upside from bearish channel with good volume short term tgt could be 235.
Hindpetro Daily chart bullish BATHindpetro Daily chart bullish BAT Buy range 180-210 in small quantity
Target 300 (only for long term investor)
#Hindpetro cash : Super buy above 220.10#HINDPETRO CASH - POSITIONAL CALL
13.08.2020
BUY 50% ABOVE 216.10 &
MORE ABOVE 220.10
(SAFE is close above 220.10)
Stoploss 208
Target1 - 235
Target 2 - 248
CMP 212.35
