HINDUSTAN PETROL 1HR Confluence of Daily ,4HR & 1HR Bearish Patterns ZONES , Making strong potential reversal zone ..Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY .ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR.Professionals have no interest to the upside – low volume. IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short AND price need to follow Green Trend line & hit target..If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL SELL Shortby PriceActionTradervsa0
HINDUSTAN PETROL 4HRBearish SHARK with Buying Climax-- widespread up bar closing off the high, in middle or on the low on Ultra High Volume with next bar down ..Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying..Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR SET UP BECOMES VALID ONLY when RSI s below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short POTENTIAL SELL Shortby PriceActionTradervsa0
INVERSE H&S FORMATION : COMPRESSION ON SHORTER TF : POSITIONAL :NEUTRAL view on HINDPETRO. Inverse H&S shows bullishness but expecting price to fill the GAP as well. Breakout or Breakdown is expected on trendline.by Rishabh42
Can Hindustan Petrol reach a target of 203 from 171? As per my analysis, Hindustan Petrol NSE:HINDPETRO is currently trading at demand zone. In history, the price has bounced of multiple times from this zone. This could lead to pushing the price upwards towards 203. Please do let me know in case my understanding is incorrect. Longby justfor24101992Updated 5
HINDPETRO | Time for some upside Bearish cypher pattern - CD leg forming Bullish divergence on the 4h to the daily chart. Historical performance, although not a guaranteed factor of performance, shows similar divergence on the daily with a pull back of 30%. This time, however, the pullback might be below 20% as the pattern is of smaller magnitude. Have fun, stay safe!Longby kautilya_kUpdated 1
HIND PETROLEUM GOING FORWARD STOCK IS AT VERY IMPORTANT LEVEL CAN CROSS TOMORROW FOR NEW BEGINING by Ashhish-Chhabra1
Bullish Harmonics in HINDPETROWe have seen a good fall on weekly timeframe, we will go long @ 161 to 157 with SL of 135 else one can go intraday long with SL of 148.9 #AGLongby HM-AGx2
HINDPETRO 4HRBullish BAT formed exactly at Daily bullish bat zone level ..Bottom Reversal- two bar Sign Of Strength. First bar is widespread down bar closing on/off the low with high volume (demand swamping supply) or low volume (no supply). The low and the close of first bar are lower than the previous few bars. The second bar is widespread up bar closing on/off the high on higher or lower volume than the first bar. As second bar close & high are higher than the first bar high and volume on second bar is higher than the first bar volume, it shows effort to rise is successful ,It shows immediate strength (Effort vs Result) & can be traded immediately on first No Supply / Test. Price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL BUY Longby PriceActionTradervsa111
HINDPETRO Daily BULLISH BAT With Bottom Reversal it’s a two bar Sign Of Strenth. First bar is widespread down bar closing on/off the low with high volume (demand swamping supply) or low volume (no supply). The low and the close of first bar are lower than the previous few bars. The second bar is widespread up bar closing on/off the high on higher or lower volume than the first bar. As second bar close & high are higher than the first bar high and volume on second bar is higher than the first bar volume, it shows effort to rise is successful (if second bar low is lower than the first bar low it shows additional strength). It shows immediate strength (Effort vs Result) & can be traded immediately on first No Supply / Test. We need LOW VOLUMES now with RSI above 30 price need to follow Green Trend line & hit target If price Breaks Red Trend line is where EXIT before SL hits POTENTIAL BUYLongby PriceActionTradervsa1
FALLING WEDGE BREAKOUT IF THIS STOCK CLOSES ABOVE THE H&S NECKLINE THEN THE TRADE SETUP WILL BE VALID REFER CHART FOR DETALS Longby momentumchartUpdated 1
Hindpetro - Bullish ButterflyHindpetro reversed from PRZ of bullish butterfly, Targets on chartLongby Indyan2
Symetrical Triangle Formation in HINDPETRO Intraday: HINDPETRO Buy above 212.2 TGT: 214.2/216/217.3 SL: 209.3 Intraday: HINDPETRO Sell Below 209.3 TGT: 208.1/207.3/205.5-- SL: 211.2by Krishna890
#HPCL #BANKNIFTY #NIFTY #NSE #BSE #TRADING #COVID19 #HINDPETROHINDPETRO HPCL HINDUSTAN PETROLEUM CORPORATION LTD. CMP: 220.90 Target 1: 246 Target 2: 259 SL: 215Longby Rachit_SethiaUpdated 7