TNPETRO trade ideas
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 target, I book usually 75% positions and trail stoploss for rest. Our objective to help anyone who wants to learn technical analysis using charts by demonstrating my real trade entries. You can post your queries in comment section here and we will try to answer them asap.
TNpetro - Weekend Analysis - Short term breakout + Intraday- Intraday and short term ideas
- Will hit the target in next few sessions
Thanks
-Stock Explorers
Given trendline breakoutThe stock has given a trendline breakout and giving a good closing. Buy above 122 level for a positional target of 127.5 and 131.5
Learn & Earn,
Dr. Tanya Kumar
TNPETRO looks good for intraday1) crucial resistance zone breakout
2) tight consolidation and flag pattern after breakout
3) volumes are also decent
4) short term trend is also bullish
5) previous day high breakout
TAMILNADU PETROPRODUCTS LTD. ( EDUCATIONAL PURPOSE ONLY)
There is no guarantee in stock market and Nothing over week
Always Invest or trade according to your loss bearing capacity
STOCK TO WATCH FOR EDUCATIONAL PURPOSE ONLY
Tamilnadu Petroproducts Ltd. with target of RS 128 CMP IS RS 118.65
STOP LOSS: ACCORDING TO YOUR RISK APPETITE OR @ RS 100
Disclaimer: I am not Sebi Registered. All my ideas/opinions and analysis are for your information and educational purposes only and it does not constitute any recommendation to buy or sell any stock or index. Use your own wisdom.
M B PANDEY
Student of Share Market since 2015
B.Sc. (MATHS & PHYSICS)
Disclaimer: I AM NOT SEBI REGISTERED
Breakout in TNPETROBreakout in TNPETRO both in Daily and Weekly timeframes. One can enter at the CMP for targets of 140 and 150.
DISCLAIMER: The ideas are only for educational purpose. I am not SEBI registered.
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wedge pattern breakout these type of wedge patterns have 75-80% probability to succeed in bull market
stop loss -5%
target 1-12%
target2-30%
you can take your profit according to your patient level.
thanks you
TNPETROStock has bounced from the demand zone a few times. It has closed above the 21EMA with a good volume. Buy with a SL below the demand zone.
TNPETRO long..NSE:TNPETRO
Weekly breakout..
Can be bought at cmp 110.7 or near 106...
Tgts are 133.65-151.95++
SL below 96.65 weekly candle closing basis..
22 Years Consolidations BreakoutPrice breakout for 22 Years Consolidation and now pullback its well defined support Level and Bounce from it . if price hold the 95.00 level then we will see a good move up 200 or above .
Tamil Nadu Petro [Weekly] Bounced from support. Will likely retrace back before continuing with its original trend (But don't take my word for it).
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Remember, if the overall market dips, most stocks will also go skinny dipping.
Happy Trading!
TNPETROTnpetro buy around 100 to 98 levels for the target of 120 to 125 fundamental strong undervalued stock
TN Petro Short sellSymmetrical Triangle breakout seems rally may continue
consider for short sell if price sustain below 109
TNPETRO Long ideaPrice gave breakout and consolidating above support level.
Going above 149 level can be continuation of up move.
TN Petro...longThe stock is in uptrend.The RSi is still above 75 and is expected to remain there.The volumes are also stable. See chart for targets
TN PETROA proper symmetric triangle can be seen forming on 30mins Time Frame.
A breakout on upside can show a good upmove till the market target.
continues up trend....Stock with consistent financial performance, quality management, and strong technical momentum indicating good investor enthusiasm. Currently valued at Good to expensive valuation
