hindustan petroleum (HPCL) at a important level??
hindustan petroleum (HPCL) at a important level??
if one look chart it looks like,,
hpcl fallen from its ATH around 495 on aug 2017
to recent low of around 150 on march 2020.
now it bounce back to a retracement level 50%.
where it taken support in past before ATH and fallen,
after ATH..
and become important resistant area around(320-340)
and unable to cross two times..
what will it do now??
observe it on ur risk and decide urself.
its simple chart .345-50 point range between high to low..
170-75 around done ..and equal left..
now up or down??
if one look chart it looks like,,
hpcl fallen from its ATH around 495 on aug 2017
to recent low of around 150 on march 2020.
now it bounce back to a retracement level 50%.
where it taken support in past before ATH and fallen,
after ATH..
and become important resistant area around(320-340)
and unable to cross two times..
what will it do now??
observe it on ur risk and decide urself.
its simple chart .345-50 point range between high to low..
170-75 around done ..and equal left..
now up or down??
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