26-07-2024 11:14 AM | Source: Religare Broking Ltd
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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