PLS NOTE : All chart analysis posted below are the author’s own idea of trading for educational purpose only & not any form of advice or recommendations or opinion to anyone
HINDUSTAN PETROLEUM CORPORATION LTD :
In the price chart above in HPCL it seems that price has almost near the key location of 388.
Price has already tested the key zone of 398 for almost three times as seen in the above price chart.
We are so eager to observe the Price Action at 388 to 398 area which is a key location i.e multiple event area as seen in above price chart.
We will closely observe price action buy signals at key zone of 388 to 398 area.
Any buying signals found at this area may take bullish explosion to 483 area.
We will wait and watch how price develops in coming week.
Stay connected for further updates.