VIEW ON HIND OILGood chart structure
Stock first time after 4 JUL 22 closed at the levels of 183
Target 194/200
Stop loss 175
For educational purpose only
I am just representing my views.
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About HINDUSTAN OIL EXPL
Sector
Energy Minerals
Industry
Integrated Oil
CEO
Pandarinathan Elango
Website
hoec.com
Headquarters
Chennai
Founded
1983
ISIN
INE345A01011
Hindustan Oil Exploration Co., Ltd. engages in the exploration, development, and production of oil and gas. Its asset portfolio includes the Assam Arakan, Mumbai High, Cauvery, and Cambay projects. The company was founded by H. T. Parekh on September 22, 1983 and is headquartered in Chennai, India.
Breakout in Hindustan Oil Exploration Company Limited...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am
HINDOILEXPIn the channel. Pls wait for breakout
PS: Do your own research
Drop in your doubts in comments section
Thanks.
HINDUSTAN OIL EXPLORATION | Good ??> HINDUSTAN OIL EXPLORATION
> Trade after breakout
> Weak below support area
// Trade as per your risk //
Buy HINDOIl above 185Long in HINDOIL above 185 for a target of 200 in short time ,as the stock looks in reversal mode!
hindustan oil explorationshare name : hindustan oil exploration
call type : poistional
-I am posting this chart on monthly time frame because of I have to show support and resistance of this share. How beautifully everything is working
- After forming a high of 400 in 2009 share is in a good downtrend
- From 2012 an
RESISTANCE BREAKOUT | HINDUSTAN OIL EXPLHINDOILEXP Daily: CMP looks good for more upside
1) Ascending Triangle BO
2) Target 1 - 203.5 & SL - 176 Closing Basis
See all ideas
This info isn't a recommendation for what you should personally do, so please don't take the data as investment advice. As with any trade, always look first, then leap. Read more in the Terms of Use.
