HINDPETRO trade ideas
HINDPETRO GO LONGHindPetro is currently on major Monthly resistance level, and the price is moving in an upward trending channel.
If the price breakouts 220 , can be a confident trade to Go Long with first target being 228.. Stop loss around 214.
HINDPETRO - BULLISHBUY AT 222.5
SL - 215
227 IS A VERY STRONG RESISTANCE.
BOOK 50% AT 227 AND REST AT 232.
Hindpetro Swing callNSE:HINDPETRO has been perfectly break a Trend line on multiple time frames. Its an a swing call holding on 3 to 5 days.
Long above 207.85 to 211.80 levels
Stop loss 197.40
Targets 1 - 216.80
Targets 2 - 222.60
HINDPETRO CASH : RESISTANCE 212 AND SUPPORT 195HINDPETRO CASH
14 APRIL 2020
RESISTANCE 210-212
SUSTAIN ABOVE 212.10
Will go 218/228
SL 205
All downside only below 195
levels for 180-183 levels
SL 205
(NON Stop fall below 180 )
CMP 204.50
HINDPETRO, Learn & Earn (Falling Wedge)HINDPETRO has formed falling wedge pattern and can be good candidate for long above 211.
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Short Selling In HPCL On April 13thhi HPCL is moving in a channel
Placing a short for 5rs will earn a huge profit
Please let me know
Thanks
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.
HINDPETRO, Idea for Profit 30-March 2020Category : Price Action
Short below : 167
Nearest support (Target) : 162 (can reach in a day or few days)
Daily view :
HINDPETRO was given on Thursday as well and we made decent profit on Friday session by shorting it.
Always follow risk management while trading. Saving capital is more important than profits.
Kindly join me for more price action based charts for learning. I regularly post many intraday calls along with charts and logic behind them to help new traders learn true potential of price action trading. Reach out for more details.
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Regards
Piyush Gupta
LONG Hind Petro :: Short Term Buygt 240, 260
duration 1 month
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Update is late but decent downside is still possibleTrader, We can see more downside in it, take advantage of 20 points down in HindPetro.
Hind Petro Trend Analysis & Trade Setup !1TREND ANALYSIS & TRADE SETUP
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
You can Comment and ask the TREND ANALYSIS of any STOCK/SCRIPT/INDEX/FOREX.
Wait for entry setup, if available then Long/short.
R:R is 5-8 times.
HINDPETRO IB OpportunityINSIDE BAR opportunity
Long at 226.15
Short at 221.50
SL mentioned, target open. Seems like it is going toward the long side as it is at a good demand zone.
However, more days of NIFTY shedding down will likely result in breaking this support as well.
