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Published on 22/07/2019 10:54:49 AM | Source: LKP Securities Ltd

Update On Hindustan Petroleum Ltd by LKP Securities

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* On hourly chart stock has given rounding bottom pattern breakout which is strong bullish reversal pattern by nature

* On daily chart stock is trading above strong DMA’s like 100-200 suggesting strength

* Momentum indicator MACD also showed positive crossover on daily chart 

 

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