 "buy, sell, stocks, share")
Buy Hindustan Petroleum Corporation Limited
Last close: Rs 244.90
Initiation range: Rs 234-238
Target: Rs 265
Stop loss: Rs 225
Hindpetro has witnessed a strong rebound after forming a base above the support zone of moving averages ribbon on multiple time frames. The chart pattern indicates the potential of a gradual up move from hereon. Traders should use any dip to create fresh longs in the given range.
Buy Petronet LNG Limited
Last close: Rs 251.40
Initiation range: Rs 248-250
Target: Rs 268
Stop loss: Rs 240
Petronet has been showing resilience as it is holding firmly above the support zone of long-term moving averages on the daily chart. The recent
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