HINDUSTAN PETROLEUM CORPORATION LTD - Keep an Eye + Cup & Handle📊 Script: HINDPETRO (HINDUSTAN PETROLEUM CORPORATION LIMITED)
📊 Nifty50 Stock: NO
📊 Sectoral Index: NIFTY 500 , NIFTY MIDCAP
📊 Sector: Energy Oil Gas & Consumable Fuels
📊 Industry: Petroleum Products Refineries & Marketing
Time Frame - Daily
Script is forming Cup & Handle Pattern as shown in a chart.
Key highlights: 💡⚡
📈 Script is trading at upper band of Bollinger Bands (BB).
📈 MACD giving crossover.
📈 Double Moving Averages also giving crossover.
📈 Volume is increasing along with price.
📈 Keep an eye on Script, it may give breakout of Cup & Handle Pattern.
📈 Current RSI is around 63.
📈 One can go for Swing Trade ONLY ABOVE 254 .
BUY ONLY ABOVE 254
⏱️ C.M.P 📑💰- 249.95
⚠️ Important: Always maintain your Risk & Reward Ratio.
⚠️ Purely technical based pick.
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Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂