Buy BuyBuy at 72.90
Target 85
Stop loss 68
We can buy this script for short term when it hits 72.90 range. Strict stoploss at 68
Key stats
Market capitalization
6.68BINR
Dividends yield (FY)
4.04%
Price to earnings Ratio (TTM)
6.19
Basic EPS (TTM)
12.00INR
About TAMILNADU PETROPRODUCTS LTD
ISIN
INE148A01019
Sector
Process Industries
Industry
Chemicals: Specialty
Website
tnpetro.com
Headquarters
Chennai
Employees
440
Founded
1984
Tamilnadu Petro Products Ltd. manufactures and markets petrochemicals products. It offers linear alkyl benzene, heavy alkylate, epichlorohydrin, caustic soda, chlorine, hydrochloric acid, ammonium chlorine and sodium hypo chlorite. The company was founded on June 22, 1984 and is headquartered in Chennai, India.
🚀🚀TAMIL NADU PETRO IS AT BREAKOUT🚀🚀Strength
1) Falling crude prices
2) Book value 86 , good p/b = 1.21
3) Dividend yield 2.88%
4) China product ban in india
5) Overall market is in a bullish mood
Note : wait for breakout and a confirmation after that.
TN Petro Mutiple Inside bars in WeeklyTN Petro Mutiple Inside bars in Weekly
TN Petro Mutiple Inside bars in Weekly
Self Explanatory Chart
Bullish view on : TN Petroproducts Limited.NSE:TNPETRO
let see the price action = flag & pole pattern formed.
fundamental good stock.
buy above 100 levels.
fix your stop lose as per your R:R.
let tell your opinion in comment.
IS TN PETRO PRODUCTS GEARING FOR NEXT MOVE ??TRADE OR INVEST wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
TN Petro stock analysisThis is Weekly time chart of TN Petro stock..
Technically Price gv breakout from chart pattern & now
look at Their support level....
As per Chart Pattern tgt look around 170-175
which is almost 100% from here...
YR 2022 Idea #47: Long on TNPETRO This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At
TNpetro - Weekend Analysis - Short term breakout + Intraday- Intraday and short term ideas
- Will hit the target in next few sessions
Thanks
-Stock Explorers
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Income Statement
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