HIND PETRO LTP : -254.75
Hind Petro, after improving from a low of Rs. 212.50to a high of Rs.322.90 has reacted moderately to alevel at Rs.244.10. At the current price of Rs.254.75,it is trading in 4FZONE i.e all the averages are inBEAR PHASE and the current price is placedbetween short term and medium term averages. Highrisk traders can buy in the range of Rs.249-254 with astop loss below Rs.244 in close for a conservativeupper target of Rs.272 and an optimistic uppertarget of Rs .281. Holding period can be 6-7 days.
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