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HINDPETRO

HINDPETRO - long viewA good time to invest in this counter. Total Revenue 2,77,873.49 Financial Year FY 2019 Total Revenue 2,70,773.15 Financial Year FY 2020 Total Revenue 2,36,030.84 Financial Year FY 2021 Total Revenue 3,53,810.15 Financial Year FY 2022 PE Ratio: 4.28 compared to sector PE Ratio of 13.09 Expectations: Higher returns, Higher revenue growth, Lower earnings, Results: Revenue growth - Higher than Industry, Net Income - Higher than Industry, Market share - Increasing over the past 5 years Current price is less than Intrinsic Value which indicates there could be increase in price Good time to enter the stock Buy above 228 for an immediate target of 244 Buy above 228 for an short term target of 274 Buy above 228 for an medium term target of 332 Buy above 228 for an long term target of 450 Stop loss of 8-10% Stock faces immediate resistance in the area of 234-237, the next level of resistance is 259, further we have 306-311 before the last 2 resistances at 332 and 354
NSE:HINDPETROLong
by ruelfernandes
HINDPETRO 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 nearby previous highs or horizontal resistance levels. all indicators of weekly and daily are also aligned with each other, so this could be a good to go long at these levels or in dips (if any) with stoploss of recent swing low which is pegged at 264.75. Inv head and shoulder chart pattern breakout with good intensity of volume in Daily Retested neckline in hourly Weekly macd is Uptick and also above zero line Daily macd positive crossover and Uptick and also above zero line Weekly Stochastic positive crossover and Uptick Daily stochastic positive crossover and Uptick Rsi in Weekly Uptick and also near 60 Rsi in daily above 60 uptick Dmi adx also positive in daily Disclaimer I am not sebi registered analyst My studies are Educational purpose only Consult with your Financial advisor before trading or investing
NSE:HINDPETROLong
by RK_Chaarts
1
HINDPETRO - Breakout after long consolidation - Swing tradeThis analysis is purely based on price action and Chart Patterns. The analysis is on daily TF hence target can be achieved in couple of days to weeks. Trade entry with SL and Target is explained in image itself. For more clarity on how the price has moved in past, and how important are the zones drawn in the image, check the image linked below Don't chase the price. Always plan your trade & trade your plan Keep trailing SL accordingly once entered into the trade. This analysis is purely for education purpose. Kindly do your own study before entering into any trade . Also check out my other ideas to understand how price action works and how it can be used to make regular profits without any complex strategies. Feel Free to comment for any queries regarding the above stock or price action analysis in general.
NSE:HINDPETROLong
by AdityaKarn90