Hind petro has been trying to break 235-240 since last Feb 20. Stock has been taking support around 208-210 levels and makes strong comeback. With oil marketing companies riding on higher fuel prices especially diesel closing in on petrol with fuel demand and consumption steadily shooting up this stock can ride upto immediate target on 267-270 levels before...
If IOC breaks 104 with good volumes we can see it zoom trade with SL at 97 on closing basis. 104 is double top formation zone and I would take trade above 104 on clb only. I would recommend long on IOC for the target of 113 and then 120 levels. MACD moving to positive along with positive ADX seems good. Price now is trading above cloud on Daily basis along with...