Tamil Nadu Petro Products Ltd| A Momentum Stock Tamilnadu Petroproducts Limited, headquartered at Chennai, Tamilnadu, India is jointly promoted by Southern Petrochemical Industries Corporation Limited (SPIC) and Tamilnadu Industrial Development Corporation Limited (TIDCO) and is engaged in the business of petrochemical products viz, Linear Alkyl Benzene (LAB),...
Stock is trading near BO levels after long consolidation making pole and flag pattern, entry came as previous chart from 93 levels. Follow chart for proper support and resistance levels.
TNPETRO (11/09/2023) (Weekly chart) Breakout with volume fib golden zone Trend reversal setup Trendline breakout Breakout of supply zone huge volumes Support from 200 ema
Stock has given BO on daily and weekly chart with good volume, follow chart for proper entry and exit levels.
TRADE OR INVEST wisely. WE CAN JUST PREDICT. Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your. PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Crossing 121.50 activates the stock for new highs Q1 RRG entry D and M in momentum Shunted
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
1) crucial resistance zone breakout 2) tight consolidation and flag pattern after breakout 3) volumes are also decent 4) short term trend is also bullish 5) previous day high breakout
CMP: 106 - Falling Wedge pattern breakout - Entry only above 108
NSE:TNPETRO Weekly breakout.. Can be bought at cmp 110.7 or near 106... Tgts are 133.65-151.95++ SL below 96.65 weekly candle closing basis..
Price gave breakout and consolidating above support level. Going above 149 level can be continuation of up move.
The stock is in uptrend.The RSi is still above 75 and is expected to remain there.The volumes are also stable. See chart for targets
After Retest stock is ready for move buying opp. tgt 61 keep sl 48
FORMING POLE AND FLAG PATTERN BUY CMP TGT 60 KEEP SL 47-48
TN Petro has broken out of its 9 month old congestion trendline. the stock had broken out of the same trendline a few weeks back but broken down below it immediately and had restested and taken support at the previous resistance of 45.5. Since then, the stock has once again breached the 9 month old resistance trendline to the upside and closed above it both on a...
TNPETRO (Monthly):- BUY AT 48/44 RANGE for Target 70/78++ Stop loss 37 (WCB)