Hello Trader. I am sharing my view on Hindpetro for short term. As per the technical analysis Hindpetro seems to be good stock for short term trade. One can buy the stock above 330 for the target of 360 for Swing trade and 390 for positional trade.
Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the...
Hindustan petroleum, this stock has formed Inverted head and shoulder chart pattern on daily time frame, and recently it has given breakout from same along with the good intensity of volume, which indicates that the stock is supposed to be bullish, more interesting is bottom of head is at perfect horizontal support trendline and target of head and shoulder is also...
Hind petro is forming a H&S pattern and has given a good breakout to cover the gap.
Buy at CMP (282.5)
Add more around 275
Target 1: 292.5
Target 2: 300
Target 3: 308
Disclaimer: Views are for education purpose only. Do your own research before investing
price made good bounce from the support zone and if we break the trend line than we can move higher from here.
also daily candles made good Bullish Divergence which is really impressive.
Waiting for trend line breakout