Hindustan Oil Exploration - Bullish Trend

Today, Hindustan Oil Exploration (HINDOILEXP) caught my attention. The stock is in a bullish trend. Some significant technical formations are in view. Look at the up (green) bars: The volumes on bullish bars pierces through the 15-day moving average of the volume. On the same days, the price range are expansive in nature. On the down (red) days, the volume is restricted within the 15-day moving average. On the same bars, the price range is contracting. The trendline clearly shows an upwardly moving.

Hind Oil Exploration is showing that huge purchases are being made while the sales are being done by weak hands. Each dip is being strongly supported. Thus there is tremendous buying interest. I think the stock would continue moving toward its previous highs of 262 and 282 over the next few weeks.

Stock Update for May 23 - Kailash Pareek

Today HINDOILEXP did well, even if you bought at 156.75, there was run of Rs 3. APTECH did not trigger for the safe trader, but if you have bought at opening, chances are that you sold at a minimal profit.

For tomorrow, KSOIL is looking good. See the positive divergence on the charts? It closed at the day's high today. There is trader interest in it, and it is a must for the next few weeks.

Stocks Update for May 22 - Kailash Pareek

HDIL was given yesterday at 821 with target of 868. Today it made high of 867.95 and closed around 811-12. The fall was not expected, but the ratio of bonus 2:7 was the reason. Anyway, I hold my words. Hope you all enjoyed.

HINDOILEXP: The stock was sideways from sometime. MACD was in sell but has now turned, and also volumes have spiked. This suggests the stock is ready for a move. ADX is also evidence of support for my thought. Hoping for some good, really very good run. Enjoy. Although, you do not need to wait, but if u still want to be careful, buy above 156.75.

APTECH: Look at the chart. I have circled the perfect combination. You can buy anytime, as I always say, but if you are more careful, buy above 265.50.

P.S: Okay, I have got just 21 votes till now. It looks like most of you are busy and cannot vote. Please do take some time off and vote for me.