HINDUSTAN PETROL NSE:​HINDPETRO

Price is bullish as long as it holds 260 for the targets 300, 320 and 345.

Check the chart.

Refer Chart

Hindpetro has been showing rally and has crossed the resistance level and above 200 ema. The stock is in overbought territory. There can be reversal signs after 1-2 sessions after the rally is halted and stock comes back to normal position.

HINDPETRO is looking good but the 290-300 level is big obstacle for this stock by comparing previous months so it can make a good move on above 300. still need to wait few days to get confirmation.people can buy this stock who can average if it goes down. but overall trend positive.......share your view as a comment please.....

Dear Traders It seems that Hindustan petroleum is ready to give you profit.. Although we are little late but i hope price to come near support level so that we can enter and make a position... Note - Trading Equities requires high level of risk and stop loss is integral part of it. Kindly make your position with detail analysis. I have shared my views but others...

....Levels mentioned in the chart

All levels marked in the chart

Long hindpetro

Sell Hindpetro at 260 Stoploss 266 Target 240 232 230

MANY MANY NIFTY 50 STOCKS WITH THIS SAME PATTERN - No Wonder NIFTY is Shooting up. Are we looking at a potential tgt of 11300 for NIFTY

Buy at CMP with SL of 245 closing basis for the target of 300

Sell HINDPETRO at 251 SL 255.5 Target 245 240

HINDPETRO, exactly at supply zone and perfectly rejecting at 200 sma. Seems bearish.

HINDPETRO showing strong rejection towards downside looking for short is good idea!!! If you like the idea hit the like and comment below

Levels in the Chart

...Levels mentioned in chart

For Educational Purpose only Suggestions and view are welcomed.