DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:25 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
NSE:CHENNPETRO ✅ #CHENNPETRO trading above Resistance of 380 ✅ Next Resistance is at 434 Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose only. This is not buying...
Stock near ATH, it has completed Expanding flat correction on Monthly scale. Following third wave rally should be huge. Had checked basic fundamentals looks attractive. Invalidation level given is based on weekly close which is 20% lower and is quite big SL and risky. Target 3x-6x based on fib extension 2.618-4.618 DISCLAIMER: There is no...
Stock completed round bottom pattern and near to BO level maintaining its supportive trendline, follow chart for proper entry and exit levels.
Stock Name - Chennai Petroleum Corporation Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 278 #This is not Buy and Sell recommendation to any one. This...
Chennai Petro CP gave breakout in daily time frame. Good to keep on radar for positional. Both targets are shown in the chart.
Technical- Double Bottom Base Structure stock given breakout with volume pop up Buy at pullback near 10 WMA trading above 10 WMA looking good for mrntined target in chart buy near pullback Industry Sector looking Strong Concern- Nifty is weak
Chennai petroleum weekly downtrend breakout. If it opens and sustains above 273 it will reach 296 in the day chart
DON’T HAVE TIME TO MANAGE YOUR TRADES? - Take BTST trades at 3:00 pm every day - Try to exit by taking 4-7% profit of each trade - SL can also be maintained as closing below the low of the breakout candle Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that 90% of the stocks give most of the movement in just 1-2 days...
Cup and Handle formed in CHENNAIPETRO, closing above 260 on a daily basis will make quick up move
after long wait we got entry .tradeline break ,we can take trade as per risk management .this is not any recommendation.
#CHENNPETRO Entered Q1 #RRG Shunted till 277.45 Shunted for the upside
CHENNPETRO:- Formed a rounding bottom and consolidating near the resistance, if the breakout together sustains above, we can see the stock going upside. keep in radar Hello traders, As always, simple and neat charts so everyone can understand and not make it too complicated. rest details mentioned in the chart. will be posting more such ideas like this. Until...
Refineries sector is doing good from last couple of week. Seems Chennai petro is also getting ready to participate. Falling trendline breakout can be seen on daily time frame. Next major resistance is at 265-273 level and SL can be 220. Keep on radar.
Trend line break out at CHENNAI PETRO CP Buy above 220 Sl below 200 Target 290 , 365
Chennai Petro CP breaks out on 1D timeframe. It has given a Double Pattern breakout from Falling Wedge and Flag patterns. Target & Stop Loss are explained on Chart. Be wary of upcoming earnings. Do Trail your Stop Loss and follow proper Risk Management.
Chennai Petroleum has taken trendline support . Can be bought around 200-207 levels. Looking good for 230-240 levels in short term
Chennai Petro Falling Wedge Analysis 🔥🔥🔥 The above chart of Chennai Petro laid out a Falling Wedge pattern. In a falling wedge pattern, both the upper trend line which connects the highs and the lower trend line which connects the lows converge downwards. The wedge pattern in general indicates a trend reversal. Especially, the falling wedge signals a bullish...