hello all hindpetro showed profit booking prom top but i guess it will bounce keep sl 548 for tgt 600-610-620
feels like good shorting opportunity will take a trade and see what happens
#HINDPETRO trading 237 formed bullish pattern, Today trading our retracement level, we can buy above 240.5 and tgt 245 SL: LIVE
#HINDPETRO yesterday traded our retracement level 298.8-303.6 we can go SELL BELOW 298.8 tgt 291.5 and buy above 303.6 tgt 310
Wave 3 extended 161.8% of wave 1, and we can see a powerful rally in an extension of wave 5. Hind Petrol Futures can hit the following targets before Oct end. Target 1: 352 Target 2: 389 Target 3: 400 Where can we enter? The following rules can help you get the perfect entry. A. Upper band of the parallel channel at 290 . B. High of 3rd wave at 312 . ...
If we have HINDPETRO moving up to the level of around 275-277 and then reverses then we can possibly expect a pull back to the levels of 270-265
ALl is depicted over the chart
Short at 206 for the target of 201with the SL of 211.6 !!!
Mark Them on Chart. Trade with levels and you will be fine.