HINDPETRO trade ideas
NSE: Hindustan Petro Pullback Loosing momentumNSE: Hindustan Petro
Pullback continue from selloff to 164 level
Trend is not very strong but can initiate a long position @ current level with stop loss 225 and target 245.
Trend is loosing movement, might retreat from 245 level for further downside.
Need to break out above 262 for further momentum on long side.
HINDPETROStock formed huge hammer candle with huge volume in Oct,18, since then stock gets stabilized.
Currently trading near previous trend-line resistance.
Further confirmation required to spot reversal in the stock, till then keeping it on in the track list..
LOOK FOR SELLRepeatable price structure and easy to spot, Train your eyes to identify this type of setup, Always wait for clear entry signal.
HINDPETRO (Hindustan Petroleum Corporation Limited) #SELL BELOW HINDPETRO (Hindustan Petroleum Corporation Limited) #SELL BELOW 247
[Intraday] Tweezers top HINDPETROShort of PDL is broken with SL at PDH or resistance
PDH - 258.6
PDL - 252.4
Resistance - 257
BUY HINDPETROGIVING A WONDERFUL BREAKOUT OF TWO PATTERNS: INVERSE H&S AND SYMMETRICAL TRIANGLE.
BUY HINDPETRO AT CMP 253, TARGET- 292, 316, 354.... 390+++
[Intraday] HINDPETRO inside barHindpetro has an inside bar + at neck line
Go long if PDH is broken at PDH with SL at PDL ,
Short at PDL if PDL is broken, with SL at PDH
PDH - 250.85
PDL - 244.8
If it gaps, watch the firs 5 min candle, then follow ORB
HINDPETROExpecting Reversal after this Short Swing,
Target and SL points on Chart.
Its all just my view.
go long with HINDPETRO(technical analysis)1H
chart: main trend is bullish.
support of KAMA.
target T1: 240
if it reaches T1 then it can march towards 254.
