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 ...
