HINDPETRO trade ideas
HINDPETRO LONGhindpetro long trendline brealout
bullish candle breakout also '
this is edutional purpose only
HPCL ReversalThe stock has reached lower trendline and may undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 2:1
SL is placed below support zone & the lower trendline. The target is placed near resistance.
Hind PetroHind Petro Bat Formation. Once hit the target fall will happen.
Disc: Only for learning purpose not a trading recommendation.
Hindustan PetrolHindustan Petrol Formed Tripple Pattern.
1) Inverted Head & Should Pattern
2) Cup & Handle Pattern
3) Cypher Pattern.
Only two pattens i have mentioned in the chart. Having more patterns will confuse the clarity of chart.
Disc: Only for internal Purpose and not a trading Recommendation.
HPCL 1. Long Buildup for Jan month /
2. Current price is less than the intrinsic value
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3 year CAGR growth
Revenue 2.2%
NetProfit 13.9%
OperatingProfit 14.3%
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4 8.58% away from 52 week high
5. FII/FPI have increased holdings from 18.29% to 20.19% in Dec 2021 qtr.
6.Bullish Momentum - Above Short, Medium and Long Term Moving Averages
Opportunity for Swing Trade in HINDPETROOpportunity for Swing Trade in HINDPETRO. The initial target can be around 350.
DISCLAIMER: The ideas are only for educational purposes and not buy/sell recommendation. I am NOT SEBI registered.
HINDPETRO AnalysisFlag and Pole in Hourly Time Frame
Resistance Zone:293-295
Upside Target:300
SL below 290
Hindpetro Trend was down and it made a good head and shoulder pattern and also showing the bearish scenario now.
[24-Nov-21] HPCL (Rs.330 now) can touch 470+ levelsRisk reward comes to 1:4
Do your research before investing
Buy HINDPETRO- BREAK THE IMPORTANT RESISTANCEPlease see the chart for more information.
Break the supply zone and retracement over the same.
STOPLOSS WEEKLY CLOSE BELOW 339.6
Stock of the week. HPCL (1/10/21)HPCL is about to give an inverted head and shoulder breakout on weekly charts . The stock has taken multiple resistance at yellow line and its about to give breakout. This is a trend reversal pattern and one can consider the stock has completed its consolidation and ready for up trend. Next targets are 400 and 500 on weekly basis. Since the stock has not given a breakout buy 50% at CMP and rest 25% & 25% in each dip. If the stock, however, trades above 310, buy remaining 50%.
Target - 400 and 500 Weekly basis.
View - Medium term.
Time - 6 months.
Hindustan PetrolHindustan Petrol is ready for the breakout of 3 years resistance line in weekly time frame
Hindpetro on 27-oct-2021These are educational ideas (targets) for hindpetro on 27-10-2021 if it crosses resistance marked with yellow line. Sharing for educational purpose.
BUY HINDPETRO ABOVE 340 SL 310 TGT 440after multiple resistence hindpetro is trying to get out of the resistence zone . buy in delivery only above 340 and keep a strict stop loss .
HINDPETRO AnalysisReasons to trade HINDPETRO: 1.Triple top pattern at weekly time frame
2. ST and MT Outlook: Long Buildup
3. Strong Financials
4. RSI>60
5. RR= 1:6.83
Watch out zone: 322-335
Upside Target: 375
Below 322 it's weak
Hindustan Petrol Bouncing Back from Support ZoneHello Trader. I am sharing my view on Hindpetro for short term. As per the technical analysis Hindpetro seems to be good stock for short term trade. One can buy the stock above 330 for the target of 360 for Swing trade and 390 for positional trade.
Before you invest please consult with your financial advisor. I am not SEBI Registered Advisor and I am sharing the idea for educational purpose.
Hindpetro is making good price actionHindpetro is ready for symmetrical triangle breakout after inverted head and shoulder pattern .For swing trade you can buy at retest level and targets will be 290 and 310 sir will be at 272. And IOC is also made inverted head and shoulder so that there will be really coming in this sector.
Wedge Pattern and trend line breakoutStock Analysis: HindPetro has broken trend line and the wedge pattern for conservative buy when it retrace on the immediate demand zone with next demand zone as stop loss level for the minimum target given on the chart. Let's see..
Happy Investing!
Reverse Head and shoulder pattern Target is 328Power stocks are already in a bull run, keeping the same environment the target price is 328 in couple of weeks. Swing entry is advised.
Note: No negative news should be induced in the market within the given target time.
INVERTED HEAD AND SHOULDER BREAKOUT
BREAKOUT of Inverted Head & Shoulder pattern.
Breaking the RESISTANCE LEVEL OF 288 - 290 , which has been formed since APRIL, 2018 and acted as Resistance level for Four times in Monthly Timeframe .
HUGE VOLUME supporting the breakout candle in Daily timeframe.
These above points confirms it as a STRONG BREAKOUT .
SUPPLY ZONE is at 315 - 320 levels, which is created during FEBRUARY, 2018 in Monthly Timeframe and it has not been tested again.
Go for LONG, from 293 to 295, after the retest or pullback comes and pullback can happen for the price to catch up with EMA 20
Target 315 - 320, because of Supply Zone.
Stoploss at 283 - 285, just below the resistance level.
