Stock of the day : Hindustan Petroleum Corp Ltd For Target Rs. 393 - Religare Broking
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Hindustan Petroleum Corp Ltd
* We are seeing a smart recovery in oil&gas pack and HINDPETRO is also participating in the move.
* The stock traded in a broader range for over a month keeping the bias on positive side.
* It has recorded a fresh breakout from the range with strong surge in volume.
* We expect this recovery to strengthen further and hence one can go long in the mentioned range.
Buy Hindustan Petroleum Corp Ltd CMP 373.75 Range 372-374 SL 363 Target 393
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