2024-12-09 10:22:31 am | Source: Religare Broking Ltd
Stock of the day : Hindustan Petroleum Corporation Ltd For Target Rs. 412 - Religare Broking
Hindustan Petroleum Corporation Ltd
* HINDPETRO has advanced towards a breakout from its consolidation range.
* Stock has faced a correction phase previously and settled near its 100 DEMA.
* Stock consolidated above its 100 DEMA, simultaneously beholding a breakout from the consolidation zone.
* Recommendation: We maintain momentum buy on the stock.
* Traders are recommended to accumulate the stock in the mentioned range and 410-415 as the first swing target.
Buy Hindustan Petroleum Corporation Ltd CMP 392.6 Range 390-393 SL 383 Target 412
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