HPCL looks bullishHPCL looks bullish from CMP. 225 is first target. Note: This analysis for education purpose onlyLongby krishacctsUpdated 0
HPCL: Chart set up & strategyHPCL CMP 219.6 Till the time HPCL holds 214-212 zone it has doors open to test 228 / 236 ------------------------------------------------------------------------------------------------------------- Alternatively one may consider selling 215 Put Option around 4.5 Lot size 2100 Max profit potential 9450/- per lot Yield potential of 5.5% on Capital. In built loss protection for a fall in price up to 210.50 till 25 June 2020 Take care & safe trading...!!! Longby indiamarketoutlookUpdated 334
Northbound Journey to begin in HPCLOn the daily chart stock gave a neckline breakout of Inverse Head and Shoulder pattern. Beside this directional oscillator ADX is trading positive and stock is trading above the parabolic SAR. Going forward we may see good momentum in the stock and stock can see and upside of 266-273 (upside of 19% to 23%)which is the Gap level as well as Inverse HS target. Downside level of 204(8%) will act as a strong support.Longby Tradestories0
LONG if breakoutSeems to be a good Long opportunity. Wait for breakout around 228.5. Buy at 230. Targets - 240, 250, 260!! Longby bpamwani1
TRIANGLE BREAKOUTTRADING PSYCHOLOGY : The stock forms a triangle pattern when the tug of war between BULLS and BEARS is at the end stage where one is bound to give up. AC line will act as resistance line. BD line will act as support line. when to trade : The candlestick has to break the support/resistance line with increasing volume to confirm the direction. STOP LOSS: If the breakout is upwards then support line will act as stop loss. If the breakout is downwards then resistance will act as stop loss. PS : This is 15 minute candlestick chart so the targets are most likely to achieve in 1-2 days. The accuracy of this strategy is 80%.by manyilakhilUpdated 224
hind petro #inverse head n shoulder formation is in progresswatch long at cmp with support of 199 for 222/228/245Longby yogeshnaUpdated 0
[Buddha] HINDPETRO Inside Bar TradeLong if it breaks the high of the previous day with a stop loss at the previous day's low. Short if it breaks the low of the previous day with a stop loss at the previous day's high. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.by unofficed4
HPCL - Price Action - Bullish SetupPrice Action in HPCL suggests bullish bias on daily time frame. Initiate long. Target 1: 220 Target 2: 226 Stop Loss : 193Longby MilestoneCapitalUpdated 113
Long HpclTrade taken based on a traingle breakout, CMP 199 Target 225 SL 180 RR 1:1by UmeshKannaUpdated 0
hind petro two possibilitiesbuy above the R or at support after confirmatiom Educationby badushaalungalUpdated 1
Hindpetro analysisMajor trend of this stock is bullish. So we should look for buying opportunities and should buy only at right time. Once there is breakout on blue trend line with good volume. It will shoot up again,by ankushgupta0723
HINDPETRO - LONG STORY - IMP LEVELSHindustan Petroleum Corporation Ltd. Extending the intraday positive bias the price closed around day's high which signifies short-term bullish bias in the price. As of now 186.50 - 188 is SUPPLY ZONE and needed to be considered as an immediate small resistance zone. Breakout and sustainable trading above 188 can inject fresh demand which may pull the stock price to test 190.50 - 192.80 - 194.60 - 197 (50MA) - 200 on the higher side. On the lower side 178- 175 is a DEMAND ZONE and can be considered as supports. Though the RSI looks attractive but other indicators - MACD - Directional indicators are flattish. There is no proper strength which can indicate a short term trend change. This present move can be bounce-back only. There are a lot of hurdles in front of the price on the higher side to face. DON'T GET TRAPPED. KEEP AN EYE!!by Garey_Singh11
Hind Petro Weekly Chart of Hind Petro is interesting. The stock has a strong support around 162 to 167 zones. Current price is 182. Has the potential to reach 220. Keep under radar for longs !!Longby ChartswithKalai0
HPCL 183.5A small surge can be expected towards 183... can reach 196 if it breaks 189 resistance Longby madhusudhan_arjunUpdated 1