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Deepak_dc93

BUY signal HINDPETRO , Rectangle pattern

Long
HINDUSTAN PETROL (NSE:HINDPETRO)  
Deepak_dc93 Aggiornato   
NSE:HINDPETRO   HINDUSTAN PETROL
Support and Resistance Supply and Demand Pivot Points Stocks stocktrading stockmarketanalysis stocktowatch Technical Analysis HINDPETRO stocksignals
3
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supportandresistance supplyanddemand pivotpoints stocks stocktrading stockmarketanalysis stocktowatch technicalanalysis hindpetro stocksignals
I will go LONG on HINDPETRO because:
The price is forming a Chanel or Rectangle Pattern .
The price is also under Support/Resistance zone.
It has touched the support (lower end of rectangle ) and may reach the resistance zone (upper end of rectangle ) .
Target would be the Resistance area . Book profit when it reaches the resistance zone .
Entry - 175
Target - 240
Stop loss - 163
Trade chiuso: stop raggiunto
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