Long if breakout is succesfull...Short on rejection of resistance....
Short for the levels shown....this is where the price should exhaust the long run today....and R2 is a strong resistance
SELL HINDPETRO (Hindustan Petroleum Corporation Limited) BELOW 206.5
BUY HINDPETRO (Hindustan Petroleum Corporation Limited) ABOVE 236.5
HINDUSTAN PETROLEUM LONG 250-255 SL: 243 TARGETS: 270/282/303
HINDPETRO (Hindustan Petroleum Corporation Limited) SELL BELOW 285
Hemraj Prajapat Trade Plans: Sell Below 237.55 with the Stop Loss of 239.95
HEMRAJ PRAJAPAT Trade Plans: Sell Below 237.6 with the Stop Loss of 242.2
If hindpetro manages to closes above 260 than it is full fledged bull run!
THIS STOCK GAVE REVERSAL BUY SETUP. BUY DID NOT GIVE ORDER FILL BUT INSTEAD GAPED UP, THEN STARTED FALLING. NOW STOCK HAS GIVEN TREND CONTINUATION INDICATION WHILE MOMENTUM INDICATION BY ICHIMOKU IS POSITIVE. CANDLE CLOSED ABOVE TK ZONE. BUY ABOVE 427.90 (428) TARGET 451 STOP WILL BE ADVISED ONCE ENTRY IS TRIGGERED. REMEMBER THIS 451 IS JUST A 1ST TARGET,...
Hindustan Petroleum (NSE: HINDPETRO) seems to gain Bearish Momentum for further downside as per TTC Breakout Formation . Right Now it is near a Critical Support Zone around 442 . If it breaks decisively below this zone (on 1-hour closing basis), we may see sellers gaining control over the buyers. For Short-term targets, Trader should eye on 430 Zone . Then ...