ankin1122

Panama Petro - MultiYear Breakout

Long
NSE:PANAMAPET   PANAMA PETROCHEM L
Panama Petro - Buy On Dips

Weekly Chart --> Rounding Bottom Breakout

Daily Chart --> Rising Channel Pattern

Buy On Dips --> 250 - 260 Zone
Comment: 265 is Breakout re-test level --> keep an Eye

Comments

Its critical till tomorow. 265 or lesser as support zone. Anyway its a nice work.. appreciate your effort
Reply
ankin1122 Belagod
@Belagod, Thanks for comment.

I see target as 345+ in next month, while seeing promoter stake at more then 70% and PE ratio stands at 13.49.
Fundamentally seems strong.
+1 Reply