Can Hindustan Petrol reach a target of 203 from 171?

By justfor24101992
Updated
As per my analysis, Hindustan Petrol HINDPETRO is currently trading at demand zone. In history, the price has bounced of multiple times from this zone. This could lead to pushing the price upwards towards 203.
Please do let me know in case my understanding is incorrect.
Trade active
Target 1 reached. There might be some retracement before reaching Target 2
Trade closed: target reached
Target 2 reached, booked profits
Bullish PatternsDemand ZoneHINDPETROLONGnsensestocksSupply and DemandsupportSupport and Resistance

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