HIND PETROLEUM
- Stock moving in up channel formation, this indicates as long as stock moving in between channel formation bulls will be favored. Weakness expecting once stock comes out from in up pattern.
- Stock is also facing fibonacci fan 1st line support, this indicates bulls will be favored as long as stock holds above.
- If stock moves up from current levels then HPCL will find next resistance around 570, 578 and 587 levels as per fibonacci retracement.
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