panama petrochemicals -long price broke out of a triple bottom and now the price is retesting the 200EMA
sharp reversal from 200 day EMA
can accumulate stocks for decent gains .
30.60INR
2.33 BINR
22.49 BINR
21.42 M
About PANAMA PETROCHEM LTD.
Sector
Industry
CEO
Samir Akbarali Rayani
Website
Headquarters
Mumbai
Employees (FY)
250
Founded
1982
ISIN
INE305C01029
FIGI
BBG000BYGVY9
Panama Petrochem Ltd. engages in the manufacture of specialty petroleum products for diverse user industries like printing, textiles, rubber, pharmaceuticals, cosmetics, power, and other industrial oil. Its products include liquid paraffin oil, petroleum jelly, transformer oil, ink and coating oils, rubber process oil, automotive oils, drilling fluids, and waxes. It operates through the Within India and Outside India segments. The company was founded by Amirali Essabhai Rayani on March 9, 1982 and is headquartered in Mumbai, India.
PANAMA PETROCHEMPANAMA PETROCHEM is in consolidation and RSI is showing a reversal with trend shift. Any move above this green zone will lead to another 52Wk high.
ENTER only if you can accumulate for sometime.
PanamaPet - Fundamentally Strong, Discounted, FII BuyingWeekend Pick 3: PanamaPet
Fundamentals : Strong, Consistent growth on Sales, Profits and EPS. Healthy Reserves vs debt free. FII - DII stake significantly increased.
Technicals : Bullish, moving in an inclined wedge.
R 1: 375
R 2: 420
R 3: 475, above that 550 possible
S : 290
Resistance Breakout - PANAMAPETROPlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please n
PANAMAPETRO | breakout tradingStock has given breakout from sidewise moment and chances are likely to hit all time high in next upcoming weeks
Trying to get back to its zone 🤔support and resistance
swing trading idea
not a recommendation
trend analysis
BUY TODAY SELL TOMORROW for 5%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
Swing trade.... 1DSwing trade.... Breakout of box.... Upside move possible for 20% to 100% .
Do you're analysis before entry, take advice from your Fanicial advisor.
Thank you❤.
Buy PANAMA PETROBuy #PANAMAPETRO
@316 sl 280 trg 365-390-420
Break out on Daily & Weekly chart
RSI 75+
Today’s volume is higher than whole previous weeks volume
Panama Petroleum - LongPanama petroleum - Fundamentally Sound stock
Moving in a channel
Bottom of the channel - Formed 'W' pattern in Day's Candle.
Can enter at 300 .
with an SL of below 268 on DCB and Target > 400 .
1:3
See all ideas
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Frequently Asked Questions
The current price of PANAMAPET is 322.20 INR — it has decreased by 2.08% in the past 24 hours.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange PANAMA PETROCHEM LTD. stocks are traded under the ticker PANAMAPET.
PANAMA PETROCHEM LTD. is going to release the next earnings report on May 27, 2024. Keep track of upcoming events with our Earnings Calendar.
Yes, you can track PANAMA PETROCHEM LTD. financials in yearly and quarterly reports right on TradingView.
Like other stocks, PANAMAPET shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PANAMA PETROCHEM LTD. stock right from TradingView charts — choose your broker and connect to your account.
As of Apr 16, 2024, the company has 250.00 employees. See our rating of the largest employees — is PANAMA PETROCHEM LTD. on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PANAMA PETROCHEM LTD. EBITDA is 2.39 B INR, and current EBITDA margin is 14.43%. See more stats in PANAMA PETROCHEM LTD. financial statements.