hind oil exploration share tips 6 may 2013

hind oil exploration share tips 6 may 2013

hind oil exploration share today closed above 61 with gains.on daily chart is in absolute downtrend but now showing recovery as value buying and accumulation seen near bottom of 50.now trading above weekly and month averages.on upside 68 is 3 month average and major resistance on daily chart while indicators on daily chart still showing bearish momentum.

for month of may,traders can take long positions near 60 with stoploss just below 58 on closing basis and expect 69 as first target in this series and then 76 levels also possible.

ON HISTORICAL CHART,AS CHART SHOWING hind oil exploration share  ALL TIME LOW WAS 24 IN 2002 WHILE ALL TIME HIGH WAS 398 IN 2009 RECOVERY RALLY.RECENT LOW WAS NEAR 49 IN APRIL 2013 WHILE RECENT HIGH WAS 151 IN 2012.INVESTORS MUS ADD THIS STOCK TO PORTFOLIO NEAR 50 ZONE WITH MINIUM 2-3 YEARS VIEW AND EXPECT 126 AS MEDIUM TERM TARGET WHILE 202 AS LONG TERM TARGET.

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Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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