9/10/2011 01:53:00 PM
HINDPETRO :- CMP - 360.75
THIS STOP HAS BEEN
RANGE BOUND SINCE MAY 2011 IN THE RANGE OF 360 – 410 THE STOCK HAS AGAIN CLOSED
ON THE SUPPORT LINE BREACHING THE SAME CAN GIVE A BIGGER MOVE TOWARDS IMMIDIATE
TARGET OF 348 AND BELOW WHICH COULD TARGET 305 LEVEL ALSO. ALSO DAILY AND
WEEKLY CHARTS ARE SHOWING NEGATIVE DIVERGENCES . AND ALSO RANGE BREAK GIVES
BIGGER MOVES ALWAYS. STOPLOSS IS 385 ON CLOSING BASIS
