Hind Petro seen Reversal candle in daily chart ..........Indian market at Euphoria stage so all stocks rallied non stop daily ..........Usually while reversing trend first Oil marketing companies will reverse ....Raising crude price will affect the OMC's margin front and also high crude price will bring the real problem in Indian Economy ....
Hind Petro once goes below 220 then go For Short tgt 206 SL 230 closing basis .....Sell Only Below 220..
Indian market now at Bubble territory so option sellers becareful while selling Puts , Because while bubble burst time chance to open huge Gapdown like 800 or 1000 points .....Presently we don't know what could be trigger but trade with caution ....
Hind Petro once goes below 220 then go For Short tgt 206 SL 230 closing basis .....Sell Only Below 220..
Indian market now at Bubble territory so option sellers becareful while selling Puts , Because while bubble burst time chance to open huge Gapdown like 800 or 1000 points .....Presently we don't know what could be trigger but trade with caution ....