Buy HindPetroCASH SEGMENT
-> Delivery Based Upmove and Speculative Downmove
F&O
-> Resistance is Around 250 with Support Around 230.
HINDPETRO trade ideas
HindPetro08/07/2023
HindPetro
CMP: 306
BO above 335
Target:493
Information is only for study Purpose
HINDPETRO (HPCL) - Inverted Head and Shoulders (Bullish)Inverted Head and Shoulders Pattern (Bullish) - Pullback Complete (Daily Chart)
Inverted Hammer Candlestick Formation @ 200 MA Support
Long Trendline Break and taken support
Possiblility of Golden Crossover
CMP: 245
Target: 300-310
Stop Loss: 225
Risk to Reward: 1:2
Trade according to your risk appetite
intraday, swing, short term, nifty50
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
trendline is not broken yet,
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
Beautiful volume breakout in hindpetro Looking at consolidating in Crude we can see further developments in Oil stocks - hind petro is giving good consolidation breakout from current levels . One can check your levels before taking the trades
Hind petroGood base building and break out can hold for 333. Good RR ration Stoploss at 253 closing basis
Breakout in Hind PetroLooks like Hind Petro Gave Breakout, need to see if it's real or fake.
Following is the logic behind this Analysis.
1. Breakout of Range with Good Volume
2.Consolidation before breakout at resistance.
3. Breakout with Good Bullish Candle.
It's just my Analysis not Recommendation. Let's see how it goes
Perfect breakoutChart -> Hind Petro Daily
Consolidation near resistance and then breakout with volume. Perfect!
CMP: 276
Good Range: 260 to 275
Target: 305, 330, 355
SL: 253 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Ascending triangle breakout !!!The stock created ascending triangle for last 1 year. Now breakout from its level.
Volumes up.
Looking good for long.
Only for educational purpose.
HINDPETRO BUYINGHindpetro closes 262.35 and buys with a stop loss of 242 then targets are 280-300-325-350+.
Buying reason.
1 --> Price is making a range near the #breakout point.
2 --> Price is also on a weekly chart create the range and near the 200 #ema.
3 --> #RSI is cross the 60 levels.
4 --> #ADX is showing an upside move and +DMI rising.
5 --> #Volume is show the #Breakout.
Inverted H&S Pattern- Good Build up at the resistance
- Trying to come out of the pattern
- Trading above key EMAs
- Bullish RSI
HINDUSTAN PETROLStock looking good for an upmove showing a good bottom structure and a downward trendline breakout and is looking good above 265 levels towards targets of 300-350-450 , currently it is stuck in range between 255 and 265 , wait for breakout retest and SL at 250 after breakout
Buy HPCL for target of 285About Company:-
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.
Market Cap
₹ 33,655 Cr.
Current Price
₹ 237
High / Low
₹ 304 / 200
Stock P/E
Book Value
₹ 198
Dividend Yield
5.88 %
ROCE
11.6 %
ROE
18.1 %
Face Value
₹ 10.0
Debt
₹ 74,332 Cr.
EPS
₹ -60.4
PEG Ratio
Promoter holding
54.9 %
Intrinsic Value
₹
Pledged percentage
0.00 %
EVEBITDA
-18.5
HPCL looking good on chart, 200 day EMA is crossover just happen at 237 level. MACD bullish cross over is also gonna to be very soon. Right now it is trading in lower range but according to price action we can see upside moment, and very soon we can see huge breakout which can make HPCL towards 285+ levels. So if anyone wants to go long can go with given levels. Please follow strict stop loss.
If anyone wants to trade in Option writing can take this position:-
Sale hindpetro 240 Pe at 5.25
keep stop loss for this strike at 10
and hedge with Hindpetro 225 pe at 0.65...
If anyone wants to just naked option can go with :-
buy Hindpetro 235 Ce AT 5.8
keep stop loss at 1.5 and ride the trade for the target of 9/10/11+
If anyone like my work please support me by like, follow and comment.
Thankyou.
#HINDPETROOn a big rise HINDPETRO
On Monthly consolidation around 200 to 250 levels
Compression
On moving above 261 further move confirmed
HINDETRO Triangle Pattern!Hindpetro is nearing the resistance level of its triangle pattern, breakout here with good volumes will lead to a big rally.
HIND PETRO - WEEKLY CHART - BUY OPPORTUNITYHind Petro -Weekly chart analysis. Can be bought @ CMP for the target of 322 for long term.
Hindustan Petroleum Corporation - Breakout and RetestindA large cap company operating in gas and petroleum sector . Having a turn around story of loss to profit making . Now breakout happened over the trend line and waiting for retesting . Immediete target is at 260 levels and can move further up to 300 levels if this momentum sustains .
HPCL POTENTIALLY OUTPERFORMINGNSE:HINDPETRO Potentially outperforming stock with positive divergence on indicators.
Hind Petrol A Buy or Not ?Hi guys, today I'm back with a stock Hindustan Petrol, as you can see it's an inverse head and shoulders pattern after a big downtrend and it also broke 200 ema giving us some more confirmation, if we talk about targets then the targets are 302.50. The best thing about this stock is that it always respects the 200 ema, so we can assume that this time it'll also respect the 200 ema, giving us the best buy.
