Umang_Sharma

Hindustan Petrol: Analysis

Long
Umang_Sharma Mis à jour   
NSE:HINDPETRO   HINDUSTAN PETROL
Keep an eye on Hindustan Petrol. Expected momentum is in upward direction.
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Reason to Buy:
1) Forming a triangle pattern
2) Taking support on weekly as well as daily trend line.
3) Formation of 'W-Pattern' (wait for neck line break)
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Stop-loss must be below the previous immediate swing. RR ratio must be calculated and traded accordingly.
Transaction en cours:
Investing half quantity at 197.65 rest above 200.65
Transaction en cours:
Moving as expected
Commentaire:
Market sentiment is negative. It is going against my analysis I am not going to trade this breakout.
Transaction en cours:
Partial Quantity inn @ 200 levels.
Clause de non-responsabilité

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