HINDUSTAN OIL EXPLORATION HAS A BULLISH PIN BAR FORMATION.
AS PER THE ICHIMOKU DAY CHART, THE PRICE IS EXPECTED TO GO UP TO 119.1.
ENTRY IS TO BE DONE ABOVE 115 AND STOP LOSS IS TO BE MAINTAINED AT 110.
Looking at the swing volumes on the current uptrend, the supply generated on the down swings are gradually becoming lower, that is to say that demand is coming in control more and more
disclaimer.. not an investing/trading recommendation
double bottom formed after a long downtrend,
price broke the neckline and pattern got confirmed,
and then price retested the broken neck line and reversed
also hidden bullish divergence is seen in weekly.
sl - 65 pattern tgt - 108