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Hindpetrobuy

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
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