HINDPETRO trade ideas

itsmesenju Updated 

HINDPETRO momentum up after retracement Buy @ 556 Stoploss @ 550 Target @ 574

WaveTalks Updated 

Doji Candle having monthly range as 487 on top & 403 to the bottom will decide which way this stock wants to head. Likely this could be range bound movements in the coming months unless levels mentioned above are taken out. Trading a sideways pattern is always tough- you can make money Intraday wise, but chances of getting trapped shall be on a higher side if you...

AvinashGaikwad Updated 

this stock is sky rocketing. Target 1000 EPS 50 buy with sl 450

nextgen

Hindustan Petroleum has been in uptrend and become more then double in 11 months, it has been trading at channel resistance and may target towards support some where between 450 in near term or it may break the channel to go further upward so SL is small 505

skbharathi Updated 

HPCL-hourly chart indicating a rising wedge pattern Also RSI showing a negative divergence Can the stock be shorted for a target of 479 levels and further target of 470 levels where there is a gap available

raj3elite Updated 

Trade: Buy above - 448.50 Target - 453.50 Stop Loss - 445.00 Reward Points - 5 Risk Points - 3.5

AyanDoss13 Updated 

One can go long at CMP with a stop-loss at 420

bbrijesh Updated 

* Bearish Harmonic * Overbought RSI

Singh_Siddz

There is very visible and clear support and Resistance on Daily Charts for HindPetro. Break of these levels on Closing basis should give us the direction for future. Double Top on Charts and weekness in all OMC shares suggest that we will head down. Hence, Giving this call on short side. But take positions only post close above or below the levels.

praveen.bhatiya

Beautiful Wolfe Wave triggers a short now offering a good risk to reward trade.

praveen.bhatiya Updated 

Beautiful Inverse head and shoulder pattern gave neckline breakout and now testing it from above. It offers a good entry at this level for intraday trade

Singh_Siddz Updated 

Hindpetro is moving in a decending triangle formation. Short this on break of trendline placed at 431. Target - 425/419 in couple of days. SL- 437

WaveTalks Updated 

The Alarm Bell rings if HPCL goes above 1251.50 - Right Shoulder High- In that we no longer can stay bearish or in selling camp. If in coming session, it starts going below neckline again- we will get little confidence that bears are still active in HPCL

WaveTalks Updated 

Hindustan Petroleum has been moving in a flag. Once goes below 1190- It will start puking or at current price it will drag further upside- logically we should wait for HP to puke below 1185-90 zone - to us the direction.

WaveTalks

H & S Pattern gives at least a target of 1064- which will equal the distance from head to neckline when measured from break of trendline.

raunaq

What do think guys?

jackson_philips

HINDPETRO to Go LONG - Results Coming Up. I'm a little skeptical about this one due to the fact that the pattern is really not what I'm looking for. However, Since the Price is above 1210 and has been sustaining for a few days, I'll take the risk. SL = 1158 **************************************************************************