HPCL LongContra Trend line Breakout with Volume
Entered above 242
Retest also done
Long for 270, 330.
Fundamentally very strong.
HINDPETRO trade ideas
HPCL - HINDPETRO HP NSE:HINDPETRO CL had been consolidating close to a year now. And by looking at the pace of recovery of the Indian economy and keeping the earnings season in mind, HPCL seems to be ready for an up move. Price levels are as below -
Buy - ~ 212 + ( stock respects the support level of 210 )
Target - 235+
SL - 208
Influencing factors -
1. Budget expectations
2. Earnings for 3rd quarter for FY 21
3. Increase in the demand of automobile and its ancillaries.
NOTE : These findings and levels are purely based upon the knowledge and understanding of the post publisher. The idea here is to predict the future price movements hence, please do not consider this as a stock advice or recommendation.
HindPetroLooking at the growing ascending triangle Hindustan petrol is looking bullish.
This is for education purposes only. Please do you own research
HindPetro Outlook 28Jan 2021teh stock has a bearish structure in higher timeframes. one can sell if the demand zone is broken to the downside.
HINDPETRO with high risk to rewardCan enter on a breakout or @ cmp
RR ratio almost 1:5 if you enter now
Breakout above 240
TARGET 330
SL 199
Positional view so play accordingly.
Inverse double top in HINDPETROInverse double top forming in NSE:HINDPETRO . A breakout above 242 would take the stock to next resistance around 320 which is also almost equal to the height of double tops.
HINDPETRO BREAKOUT TRADESHindpetro with an triangle pattern breakout in weekly time frame in upward direction!!! buy @210~214
COMMENT/ DM FOR TAARGET & SL
LONG TERM!!
HINDPETRO BREAKOUT TRADESHindpetro with an inverse head & shoulder pattern in upward direction!!! buy @210~214
COMMENT/DM FOR TAARGET & SL
SHORT TERM
HINDPETRO-Flag Pattern Breakout with huge volumeHINDPETRO-Flag Pattern Breakout done in D time frame ,can see small swing
CMP 228
Target 240
safe SL 218
HINDPETROL | LONG | BREAK OUT ON DAILY TIME FRAMEFOR SHORT TIME
TAKE LONG ON NSE:HINDPETRO BREAK OUT ON DAILY TIMEFRAME
TARGET 241
Hindpetro CMP 227.It is on breakout, cleared recent multiple tops. Shall go to 238++ easily. Already cleared and above yesterdays volumes. It is only for educational purpose. Before taking investment take financial expert's advice.
buy hindpetro above 223.40 sl 200 tgt 270after long time hpcl is in channel in weekly charts . please buy hpcl in delivery above 223.40 tgt 270 ,320 sl is closing below 200. simple chart .
HindPetro consolidation phasebuy if market breaks above and sell if market breaks below - don't enter in break out wiat for retest!! happy trading
Taffer <3
Hindpetro - Breakout expectedHindpetro near trendline breakout, lets see how strongly it breach the resistance. targets on chart...
