- Weekly time frame - formation of Head & Shoulder pattern? - Not great fundamentals on results since last 2 quaters - upcoming earnings results on 20thOct,21' - Supports/Targets at : 353.15/318/254.30 - Views?
- HINDPETRO 1 Month chart - RSI near 60 levels - +DI showing upwards momentum - Chart pattern showing near breakout levels
- There is RSI divergence on weekly time frame - Also on the same time frame there seems to be formation of a Rising Wedge Pattern - The "horizontal" trendlines and the box can assumed to be key support levels before further movement