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 .
PANAMA 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.
Weekend 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
Please 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 note that, if there are some big targets, those are drawn thinking...
Stock has given breakout from sidewise moment and chances are likely to hit all time high in next upcoming weeks
support and resistance swing trading idea not a recommendation trend analysis
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 and...
Swing 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 #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 - 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
Look at the beautiful support trade opportunity follow support for more trading opportunity.
PANAMAPET Closing 297.9 with stoploss 310 then targets are 235. Selling Closing 1 --> Price Break the all EMA. 2 --> RSI is break the Level 40. 3 --> ADX is Show the Bearish move and -DMI is Rise. 4 --> Volume is less and show the Breakdown level.
Gave a flat base breakout and at its retest point if it sustains above neckline and EMA it is a candidate of good swing opportunity. Keep in Radar.
Please note this is for education purpose only.please do own research before you take a trade
Stock Name - Panama Petrochem 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 360 #This is not Buy and Sell recommendation to any one. This is for...
panamapetro is ready to blast and in near term period itll give a good move you can initiate ur entry
PANAMA PETROCHEM Daily Chart Analyis Above 317 Target 322 / 328 / 336 Happy Independence Day to all.... Happy Profitable Trading to all...
NSE:PANAMAPET Ready for an upmove from here. Trendline + at an important support level.