Morning Star at several Fib clusters in HINDPETRO

Wave C of Flat correction has fulfilled the rule of equality (Wave A and Wave C are equal).
There is also a Fib level of fib retracement of the previous impulse at this level.
We can also see the Morning Star pattern forming at this cluster.
This suggests a high probability of a buy trade in HINDPETRO.
Stop-loss for this trade can be put below 61.8%, i.e., around 360 level.
This analysis is for educational purposes only.
There is also a Fib level of fib retracement of the previous impulse at this level.
We can also see the Morning Star pattern forming at this cluster.
This suggests a high probability of a buy trade in HINDPETRO.
Stop-loss for this trade can be put below 61.8%, i.e., around 360 level.
This analysis is for educational purposes only.
Nota
If this trade goes in our favour, possible targets would be 428 and 477.Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.