Friday, June 28, 2013



HPCL is at its earlier lows. Stock seems to be found support at these levels and trading in a range for almost 3 days. One can buy the stock at CMP for targets of 260 - 280 levels with SL at 237.

1 comment:

  1. Stock almost hit our first target today. For last two days the hawa running for Oil companies. Hindpetro being at support levels and forming a base for two, we expected move after the approval report from Gov.It did reacted along with Gas companies. Still there is upside on the stock. Due to money management concerns, we booked our profits. Will look to reenter again on Monday.