Moving along with sector.
SL: Sell below Breakout Candle.
TGT: Breakdown of 20MA on Hourly chart (on a daily close basis)
BUY RULES:
Never ever buy before 3PM. I have been burnt many many times.Try to buy between 3:15 - 3:30PM, later the better.
SELL RULES:
Selling in Profit:
Sell earlier in the session when the prices are higher, around 11AM.
Selling at...
PANAMAPET- daily chart has given breakout in a symmetrical triangle pattern with strong bullish marubozu pattern, volume also confirming this strong breakout and now stock can move towards 128.00/135.00 levels in coming days with the help of 100 support level on the chart.
PANAMAPET - BGF
11 Dec 2020 - CMP 98.35
Buy now or dips till 90
SL 75
TGT 104/125 /155
It private, coz i just want to check if a price moves at 90 deg and breaks out, will come down.
Zig Zag Pattern .. Price finding support above 200EMA . Good to buy at 52.50 with SL of 48 on Closing Basis . Disc : Please do your own analysis before making any investment decision -In Short Be Atmanirbhar
Monthly chart of Panama Petrochem looks interesting. From 2005 to 2011 there is lot of accumulation. After that this stock is growing steadily. I expect this stock to retrace around 130 levels. It will give good returns after 2 years. Investment needs more patience. And today's penny is tomorrow's money.
