Hindustan petroleum

Hindustan petroleum ( hindpetro) consolidating around strong support level. Good risk to reward trade. CMP:229 sl: 200(wcb) Target: 255/275/295/330. Hpcl payes 6-7% dividend yield, good time to accumulate as a portfolio stocks for dividend too.. if 200 level sustain in future then on chart rounding bottom formation is in progress which might take stock to 475 to 500 level also