MANALIPETC trade ideas
Manali petro triple top formation It may retrace back to its fibo levels... Negative divergence on RSI.... Levels mentioned in chart.. ✌️
Do your own research and manage risk reward
Happy investing 😊
Disclosure : I am not an sebi registered research analyst.. I am not responsible for P/L.
Keep an eye on Manali PetrochemicalBeautiful consolidation over the last 2.5 months. Making Darvas Box pattern. Good to buy if day candle closes over 90.25.
MANALI PETRO CHEMS FOR SHORT SELLING!!!Manali Petro Chems Forms A Descending Triangle .
Breaks The Trend And Goes Down .
You Can Do Short Selling And Earn Money In DownTrend.
Target It Around 82.
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darvas box around ATHThe stock looks good above 89.4 level for further upmove - can test 95-100 sustains well above 90 level.
Bullish and trendyManali petro chemicals is very bullish for last few months and had gave awesome gains.
Again a breakout expected in this.
Needs nifty support for that and nifty is also looking bullish.
This post is for information purpose only.
Change in SR zoneeducation purpose only
IT seems like stock Resistance zone now changed to support & volume confirmation at breakout & long wick rejection may 14 can be seen.
Buy Manali PetroleumMy idea is for educational purpose.
Buy Manlai Petroleum @65 for short term gain.
MANALI PETRO SUPERB CHART AND SUPERB BREAKOUTgood company fundamentally ..
nice breakout after 2018..
crude prices going up.. so beneficial in that way..
chart explains my trading plan..
this is my own trading plan and view.. only for self tracking..
mANALI PETROcharts are self explnatory
by timing got good entry..
charts were not working because of market hence couldnt post anything
should hit one more circuit tommrow or atleast 10% up
Manalipetc- Ascending Triangle PatternMANALIPETC- daily chart trading between the triangle pattern and currently stock trading at 38.70 level and stock started forming volume from support with morning and now possibly stock can break 38.70 level and sustain above this, and we can see possibly movement towards 43.00/48.00 levels in coming days with the help of 34.00 support level.
Manali - A long candidateAfter dramatic rise, consolidating at top forming bullish pattern. Breakout can be good opportunity to buy.
Short term opportunity in Manali PetrochemCould be a good investment opportunity above 36.85.
Buying around 36/38 (if it closes above 36.85)
With SL around 28.75 (day close below 28.75)
For targets of 52+ in short term.
