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TREND CONTINUATION SETUP : HINDPETRO

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HINDUSTAN PETROL (NSE:HINDPETRO)  
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NSE:HINDPETRO   HINDUSTAN PETROL
Trend Analysis HINDPETRO nsestocks
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trendanalysis hindpetro nsestocks
THIS STOCK GAVE REVERSAL BUY SETUP. BUY DID NOT GIVE ORDER FILL BUT INSTEAD GAPED UP, THEN STARTED FALLING.

NOW STOCK HAS GIVEN TREND CONTINUATION INDICATION WHILE MOMENTUM INDICATION BY ICHIMOKU IS POSITIVE.

CANDLE CLOSED ABOVE TK ZONE.

BUY ABOVE 427.90 (428) TARGET 451 STOP WILL BE ADVISED ONCE ENTRY IS TRIGGERED.

REMEMBER THIS 451 IS JUST A 1ST TARGET, THIS STOCK HAS HIGH POSSIBILITY TO GIVE KBO SETUP. HENCE STAY IN TREND BY JUST BOOKING HALF QUANTITY AT 451.
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