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kalyanganguly

HPCL - Bullish Breakout

Long
HINDUSTAN PETROL (NSE:HINDPETRO)  
kalyanganguly  
NSE:HINDPETRO   HINDUSTAN PETROL
Trend Analysis Chart Patterns Technical Indicators hpcl HINDPETRO hindpetrobuy hindpetrobullish hindpetroanalysis hindpetrolong
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trendanalysis chartpattern indicator hpcl hindpetro hindpetrobuy hindpetrobullish hindpetroanalysis hindpetrolong
Note: This is for educational purpose only. Please do not trade F&O in this.

There seems to be a bullish breakout in play. The breakout is happening from last 52 week resistance. There seems to be a breakout is RSI as well. RSI at 69 indicates bullish momentum. Moreover, the breakout is happening post build up near resistance which is a sign of strength.

SL: 220₹
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