Hindustan Petrol: Analysis

Обновлено
Keep an eye on Hindustan Petrol. Expected momentum is in upward direction.
.
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.
Сделка активна
Investing half quantity at 197.65 rest above 200.65
Сделка активна
Moving as expected
Заметка
Market sentiment is negative. It is going against my analysis I am not going to trade this breakout.
Сделка активна
Partial Quantity inn @ 200 levels.
breakouttradeCandlestick AnalysisdailychartfundamentalanalsysisHINDPETROretracementtraderSupport and ResistanceTriangletrianglepattrenweeklychart

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