HINDPETRO trade ideas
Go Long !! Huge BreakOut Possibility :)Breakout Strategy !!
Tommorrow price will Try to Break this Level For making New "HIGHER HIGH"
* Trend is up in "15 min." Timeframe
* Big Boys/Pro Traders will try to Break the given Level ........ NOTICE as this price made previous Higher high and then it reverses but didn't break the lower Low ????? think Why
because they want to break that level and make new higher high .......pro. traders want us to sell so they will make market act as short ....and then when everyone will short ....they will make a long and break that level and make a new higher high .........
Hindustan Petrol oil NSE stock buy opportunities at demand levelHindustan Petrol oil related NSE stock buy opportunities with new weekly demand level created around 233, following suit what Brent Oil and Light Crude Oil are doing, all three reacting to monthly demand levels.
There is a clear long bias with a very strong reaction from a monthly demand imbalance around, a very strong monthly pin candle has been created four months ago. That reaction has created a new weekly demand level around 175. No shorts are allowed in this oil related Indian NSE Stock, Hindustan Petrol HINDPETRO has a clear long bias now. This analysis is similar to Indian Oil Corp IOC supply and demand analysis with similar demand levels being created
Very strong weekly supply level created, no reasons to go short. We don’t need any kind of lagging o non lagging indicators, no earnings, just pure supply imbalances in order to plan a trade.