Technical View: • HINDPETRO is in primary uptrend and was recently going through secondary downtrend within primary uptrend. • After touching a high of 457.15 on 5-Sep-2024, it has retraced 22% to 354.90 level. • HINDPETRO has breakout from it's secondary downtrend with higher than average volume on 26-Dec-2024. • HINDPETRO is trading above 20 DEMA and 50 DEMA since last few sessions. 20 DEMA has also crossed over 50 DEMA. • RSI is trading at 63.98 and MACD is trading at 6.66. • Looking strong to start a new swing from here.
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