Retesting breakout with good volumeCmp 269
Sl 235
Target 325,360+
Giving good breakout .
Volume looks Good
PANAMAPET trade ideas
To the moon ?Rounding bottom pattern has been formed
and price broked the 260 odd levels
decisively, if sustained can head
towards 500 mark.
Panama Petro - MultiYear BreakoutPanama Petro - Buy On Dips
Weekly Chart --> Rounding Bottom Breakout
Daily Chart --> Rising Channel Pattern
Buy On Dips --> 250 - 260 Zone
Panama Petro 266 dated 13.7.2021Panama Petro 266 dated 13.7.2021
1. 4 years Rounding Pattern BO @ 250
2. Almost Debt Free Company.
3. ROCE is @ 34
Buy for a Tgt of 380-470 SL 225
It is just a view, pls trade at your own risk.
Panama Petro - Fibo Breakout Long above 270.
SL below 250 for positional or 3% for short term traders.
Target 300++
The price has been taking resistance at each fibo extension and once it breaks above it could move higher w momentum since the stock will be making a new ATH after 2017.
Watch for ATH + Rounding Bottom BO | PANAMA PETROCHEMICAL 🛢️⚗️PANAMAPET Weekly: Looks good for more upside above 267 (Day Closing Basis)
1) ATH & Rounding Bottom Breakout
2) Manufacturer of specialty petroleum products
3) Trading at 10 PE, 34 ROCE
4) Profit of the company in the last 5 years is of CAGR 40 percent, for 3 years it is 30 percent and sales growth is around 14-15 percent
PANAMA:Parallel Rising channel breakoutBullish above 216
Target : 245, 277, 300++
SL: 190
Time frame : 15 days
Risk is yours and Reward is too yours totally.
Can go till @240very high volume on daily basis. Put your stoploss below the trendline on daily basis. Disclamer - Take the trade at your own analysis.
base on baselooks good above 197. Nice tight consolidation clean BoB structure looks, holding since 170+ will add again. Entire sector looks bullsih.
Panama Petro 3mth BOMoving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at SL:
Give your stock a chance to recover by end of session. If it doesn't recover, sell anywhere between 3:00 - 3:30PM.
PANAMA PETRO - POSITIONAL IDEA- RETEST DONE !!!Bought at 160 today..Seems Retest of breakout levels done !!!
Stock Breakout with good volumes today.. peers on circuit !!
Should do well
Panamapet- Symmetrical Triangle PatternPANAMAPET- daily chart has given breakout in a symmetrical triangle pattern with strong bullish marubozu pattern, volume also confirming this strong breakout and now stock can move towards 128.00/135.00 levels in coming days with the help of 100 support level on the chart.
PANAMAPET - BGFPANAMAPET - BGF
11 Dec 2020 - CMP 98.35
Buy now or dips till 90
SL 75
TGT 104/125 /155
It private, coz i just want to check if a price moves at 90 deg and breaks out, will come down.
Swing trade: range breakoutbuy above 64.50 can add in dips till 62
Sl- day closing below 60
Target 70-74++
Panama petrol ChemicalZig Zag Pattern .. Price finding support above 200EMA . Good to buy at 52.50 with SL of 48 on Closing Basis . Disc : Please do your own analysis before making any investment decision -In Short Be Atmanirbhar
PANAMAPET - Setup for 25 Aug,2020Bullish Pennant Breakout, plus Golden cross possible on 25 Aug,2020. MA20, MA50 possibly crossing above MA144. Price Target 65>70>75>80
