HINDOILEXP Ready for an upside LTF in hyper momentum 201 visible above 175
Buy abv 174 closing on daily time frame targets are mentioned with sl time frame 3-6 months
With crude prices popping further and stock markets correcting this co could provide the opportunity. Long around 155/153 with a 5% SL or 146 with a 5% SL...depending on where the stock reverses. There could be an RSI positive divergence which is a good thing. Look for a reversal to first come in this sector... (While focusing on stocks which don't attract...
One of the few companies which has been consciously staying below the tax bracket for windfall taxes on crude... Long above 176 with a SL below 170. Post the last result the stock fell...so better to wait for the stock to cross back above the 200EMA before taking a position.
#HINDOILEXP trading above Resistance of 247 Next Resistance is at 381 Support is at 155 Here is previous chart: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
Stock Name - Hindustan Oil Exploration Company Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 254 #This is not Buy and Sell recommendation to any one....
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 not SEBI registered. Please consult your financial advisor before...
📌Will it sustain this time? #HINDOILEXP - Breakout in Progress after a small halt - Validated with volume - Above Key EMAs - Bullish RSI
Entry: 223 Target: 270 SL: 209 Pattern: C&H/FLAG & POLE EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200. Flag: Price breaking out from 5 week C&H pattern. Pole: Price Up by 30 % before forming C&H/Flag pattern.
after so long a good long is visible lets trade only half of the quantity
Stock Name - Hindustan Oil Exploration Company Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 233 #This is not Buy and Sell recommendation to any one....
- Continuation Pattern BO in progress - Above Key EMAs - Bullish RSI - The stock has been in an uptrend
Watch for the negative divergence here but the company is playing it smartly where they don't want to attract windfall taxes so producting accordingly. The numbers should be good and strong.. (unless the monsoon causes some problems with the drilling) Long above 220 with the first target of 230 with a SL below 202.. 1:1 to start with but once it can break that...
Stock Name - Hindustan Oil Exploration Company Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 208 #This is not Buy and Sell recommendation to any one....
With OPEC's meet and pressure on Russia to reduce production..crude is bouncing again on that expectation. Hind Oil could break the downward trendline and break upwards Long above 187 with a stoploss below 177 is a trade I might take.
Good 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.
In the channel. Pls wait for breakout PS: Do your own research Drop in your doubts in comments section Thanks.
> HINDUSTAN OIL EXPLORATION > Trade after breakout > Weak below support area // Trade as per your risk //