HINDUSTAN PETROLEUM CORP
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Hindustan Petrol: Analysis

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.
交易進行
Investing half quantity at 197.65 rest above 200.65
交易進行
Moving as expected
註釋
Market sentiment is negative. It is going against my analysis I am not going to trade this breakout.
交易進行
Partial Quantity inn @ 200 levels.

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