About 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...
A 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 .
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...
Chart is self explanatory.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Hindustan petroleum ( hindpetro) consolidating around strong support level. Good risk to reward trade. CMP:229 sl: 200(wcb) Target: 255/275/295/330. Hpcl payes 6-7% dividend yield, good time to accumulate as a portfolio stocks for dividend too.. if 200 level sustain in future then on chart rounding bottom formation is in progress which might take stock to 475 to...
both side potential
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
HPCL has closed below Gap Level weakness can be seen below 220
Disclaimer:- I am not SEBI registered Analyst Kindly consult your advisor before taking any trading decisions
Wait for 200 EMA breakout
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
stock is falling from quarterly supply area. possible buy area will be 208 or bellow for again quarterly supply. target 256. stoploss will be 200 closing basis
Hindustan Petrol Buying Recommendation
Introduction:
This report aims to provide a technical analysis of Hindustan Petrol stock and a recommendation for buying the stock in the short term. The analysis is based on the latest charts and indicators and is intended for investors and traders who are looking to capitalize on market movements.
Background:
Hindustan...
