Hindustan petrol 31 august 2021hindustan petrol 1. inverted head and shoulder pattern (blue line ) 2. at higher time frame its a retest to a higher time frame (white trend line ) 3 retesting shoulder line of inverted head and shoulder pattern (green in colour) thanks Longby sarpreetdh3
HPCL WAITING FOR BREAKOUT here we can see that HPCL was very Bearish from very long time and now you can see its uptrend started just before 2 days. on this uptrend starting way its triangle pattern made and meanings to be go up within very short time or on next trading day.. Shortby S_D_Amarseda111
Hindustan Petroleum Corporation Limited - tendline breakoutHindustan Petroleum Corporation Limited - tendline breakout StopLoss @ 267 Target 1 @ 237 Target 2 @ 220Shortby Azharks1
HPCL Short Term Reversal TradeThe stock has broken out and looks to retest the previously upper trendline. Trade is supported by brokerage calls, 200 EMA, and Supports Nearby. The stock is looking to reverse after reaching the current lower trendline. Risk Reward Ratio - 2:1. SL is placed below multiple major support zones, 200 EMA , and previously upper Trendline. Target is placed near the swing high and is based on fundamentals. Longby tradewidmufeeth0
potential swing trade opportunityHINDPETRO near the support trendline and respecting it. previous resistance has turned into support as well and a green candle has appeared (trendline+ support+ green candle). stock looks good for a swing trade.Longby pranavpravinpatil930
sip in hindpetro might be a good ideacurrently in corrective 4th wave hindpetro is trading at .24 fib retracement. an uptrend is expected from here, for target of 339. by Somanathrout0
HINDPETRO WEEKLY Bearish Bat Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL SELL Shortby PriceActionTradervsa0
HINDPETRO is it getting ready for new cycle ?HINDPETRO : Seems like it completed Elliott Impulse and and in the process of completing complex corrective wave (having two juxtaposed flats ). Is it ready for up move !???Longby yvgoudar0
Hindpetro intraday trade idea for 28th June Aa per the chart structure, hindpetro seems to be a candidate of giving a small breakout tomorrow. SL @0.8% of entry suggested on the xhartby theharshvardhanbiswasUpdated 0
[Positional] Hindpetro Short IdeaStock following the trend line resistance. As you can see the rejection near resistance & it formed a doji there! Short if break PDL as mentioned in chart. Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You can carry these positions and I do not see sharp volatility ahead. (I tally upcoming events and many small kinds of stuff to my own tiny capacity.) "Intraday" -means You must close this position at any cost by the end of the day. "Theta" - My own systems, where I design trade on basis of option decay. Please refer to the link to my footer and explore further if You want. ======= I won't personally follow any rules. If I "think" (It is never gut feel. It is always some reason.) the trade is wrong, I may take reverse trade. I may carry forward an intraday position. What is meant here - You shouldn't follow me because I may miss updating. You should follow the system I share. ======= Like - Always follow a stop loss. In the case of Intraday trades, it is mostly the "Day's High". In the case of Positional trades, it is mostly the previous swings. I do not use Stop Loss most of the time. But I manage my risk with options as I do most of the trades using derivatives. I also do my trades live, Please refer to the link to my footer if you want to tail me. =======Shortby ShivamMendhare0
HINDPETROThe data in this one looks bullish and it seems to be heading high from our last chart which was shared for 300 target. This now can be a long with stop loss of 302 for a target of 315, 322 and 327 ************************************************************************************************************************************************ Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************Longby akkshay11112
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. Longby AdityaKarn90Updated 5
Hindustan PetroleumExpecting a breakout to start rally. Looking more positive. Companies EPS and PE ratio also good. SMA also in breakout. Good investment for long term. This analysis for educational purpose alone. Longby Rajaganesh8940
Buy HPCL - Head and Shoulder Pattern possibleRefer Chart for details. Target : Rs 263 Stoploss : Daily close below Rs 217Longby Karthick1985Updated 0