TNPETRO trade ideas
Tamil Nadu Petro Products (TN Petro)Support Resistance
Up trend breakout above 48, SL 37
Crude Oil prices rising
Buy for 3-6 month period
TAMIL NADU PETRO : Watchout for 3.5yr trendline breakoutTrendlines are marked buy if closes above with bullish candles with good volume spikes.
Tamilnadu Petro products - 1D chartthere is a chance for fall in this, risky trades can buy at support and keep SL just below the support
Long @ 41.1Price is at very important monthly key level.
Many fakeouts at this key level.
Expecting price to fill week on the left side and continue to the next key level.
Wont add more.
#fridaylash
TNPETRO, support at 29-30Stock is showing big support at 29-30
and resistance at 42 and final resistance at 47
so we can buy some qty at breakout of 42 and some at breakout at 47
and can average till 30
29 closing being SL
Better to divide capital in 5 parts and invest at every level
Final target is 64
TNPETRO#TNPETRO NSE:TNPETRO has taken support at level 30 to 35 and now stock can move upside and stock finally able to delivered dividend after 5 years. TNPETRO better to add near support 35 and stop loss 25 Target 2-3 time in next 1-2 years.
Tamilnadu Petro is watitng for a break out....As Fundamentals are good for Tamilnadu Petro and he is waiting for a fresh buy and waiting for a breakout....
TNPETRO Bearish Bat?My first attempt at Harmonic patterns.
Request all seniors to review and correct any mistakes.
Seems like stock has a Good Risk/Reward Ratio as depicted in the chart.
Possible breakout trade appearing TNPETROits almost 9 years consolidation.
possible breakout.
good to get long before at 28
SL 23
exit on your experience.
