SPLPETRO trade ideas
Long on SPLPETROThis share may move 13% upside potential. Take risk as your risk reward ratio. This is not for recommendation only educational purposes
Supreme Petrochem LtdSPLPETRO - Short term
Bullish trend
Buy above 499 | Tgt 510 | sl 490
Its my view and trade on your own analysis
Supreme Petrochemical: Daily Flag B/O A Bullish Flag and Pole B/o is visible on the daily chart of NSE:SPLPETRO . One can create a fresh position in the scrip at CMP (around 440-430) with a stop loss of 414 for 1st target of rs 466 and 2nd target of rs 492 and third and final target of rs. 518.
The risk to reward ration is 1:3
Exit the position if the stop loss is triggered on DCB.
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Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Supreme Petrochem LtdSPLPETRO - Strong break out
Buy above 490 | Tgt 514, 535 | sl 475
Keep on the radar to catch the momentum.
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 90% of the stocks give most of the movement in just 1-2 days and the rest of the time they either consolidate or fall
Resistance Breakout in SPLPETRO
BUY TODAY SELL TOMORROW for 5%
Short term 5% within a day possible!!!Weekly break out done and formed Triangle pattern.
I am not SEBI registered and all Ideas posted by me are for Educational Purpose.
Supreme Petrochem - LongSupreme Petrochem all set to cross 500 levels. It is showing box pattern breakout in weekly and monthly time frame and seem to ready to cross all time high of 513.
Supreme petro is looking postive for longOne can buy it tomorrow for a ultimate target of 470. Stoploss is below the breakout candle.
