Multi Year Breakout on TNPETRO TNPETRO gave a 4 year bullish breakout from a 'rounding bottom' pattern. A significant rise in volumes confirms the breakout. MACD has indicated a buy signal. Bullish on the stock if it breaks its resistance on weekly charts and closes above it. Longby singhharshit21122
TN Petro gearing up for a 4yr BOOn Friday we saw the entire sector moving, (Panama Petro, Manali Petro). Hopefully the momentum will continue next week too.Longby raavigeorgian332
POSITIONAL LONG TNPETRO1. Relative Strength 2. Volume Pick up 3. Pattern Break 4. 52 Week HighLongby arun.castromin0
Tamilnadu (Nse) Petroproducts - WeeklyLooks Amazing, the stop again can be taken as the low or median of the weekly candleLongby aashu24ahuja1
Buy TNPetro for short termMy idea is for educational purose. Buy TNPETRO @ 52 for short term gain 10-20%.Longby B_BNUpdated 1
Weekly Breakout in TN PetroTN Petro has broken out of its 9 month old congestion trendline. the stock had broken out of the same trendline a few weeks back but broken down below it immediately and had restested and taken support at the previous resistance of 45.5. Since then, the stock has once again breached the 9 month old resistance trendline to the upside and closed above it both on a daily and on a weekly basis. TN Petro now faces its immediate resistance at the 57-58 level which is our first target for this trade. Subsequent targets are at 64.5 and 72-73 which are important technical levels from the 2018 price action for TN Petro as the chart shows One can go long in this stock with a DCB SL of 48.8-49 which is the immediate trendline support (black trendline on the chart)Longby drupadk1
TNPETROTNPETRO (Monthly):- BUY AT 48/44 RANGE for Target 70/78++ Stop loss 37 (WCB)Longby Charts_insiders3310
TNPETRO - Good Fundamental Medium Term StockBuy between 51 to 48 Target1: 75 Target2: 90Longby UnknownUnicorn1223388Updated 0
TNPETRO- BullishGap has been filled now and stock might turn soon. Keep an eye and enter once you see a bullish candle.Longby Sudhi44881
TNPETROStock trading in channel for long time, now break with good volume, buy with support 37 WCBLongby chartmaster11Updated 1
TN PETRO / TAMIL NADU PETRO CHARTSuper Breakout after years above 48.. Increasing Crude Prices is good news for this stock.. Peers like Manali and Panama Petro are helping further.. My Trading Plan clearly Explained in Charts.. Lets See..by KushalAgrawalUpdated 3
Tamil Nadu Petro: No Brainer Opportunity with 3.5Yr TL BO! ⛽Clear 3.5Yr resistance breakout with second heaviest weekly volume in 3.5 yrs. Excellent candles. Couldn't be much simpler!Longby Maverick_777Updated 121214
TNPETRO- Weekly Chart - Breakout from 3+ years long consolidation - Outperforming the market - Swing/ Positional/ Long term investment candidateLongby jaykadam93
Parallel Channel Breakout in TNPETRO For 64+ TargetIn the last trading session, this stock gives a breakout from its consolidation zone between 30-47. This breakout happened with increasing buying volume so expected this stock reach soon 64+ in upcoming trading sessions. This rally can give more than 30% movement. Can go long with a very close stop loss at 45. So, Risk: Reward in this trade will be 1:8+. Longby TradZoo119
Chart Of the Week !! 28 February 2021 !!* Two chart pattern completing at the same time (Inverted H &S and Rectangle ) High conviction set up .If it made above 200-day moving average. * All criteria fulfill in this stock . Thats why i am bullish in this stock.Longby PrasantaP119