Can see a bounce back from the demand zone. We can capture a Short reward from here. Risk level is Low.
One can accumulate for long and short term since it is on the demand zone.
Wait for break out of ascending triangle formation
Buy for short term since it is forming a perfect rounding bottom
Strong uptrend with ascending triangle pattern in one hour chart.
The stock is ready for giving its break out pick the right time to enter.
It seems like forming a reverse cup and handle pattern buy at this level for large profits.
After taking a good support there may a possible uptrend in the upcoming days.keep a eye on it...
Trade on inverted head and shoulder pattern in hindustan petroleum
