CHENNAI PETRO CP NSE:​CHENNPETRO

Keep watching breakdown. any breakdown will give 6-10 points.

Mentioned on chart

Buy above 309 with the stop loss of 306. Targets are 312, 315 and 318.

Based on my PredictiveSystem's signals, its going to be a GREEN candle on 11-Jun-2018 for CHENNPETRO Buy Above: 303.5 for targets - T1: 305.8 T2: 307.1 T3: 308.6 SL: 301.1 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before ...

Can go long only above 290.70 closing basis for target of 300 and further with SL 278.35

ALL MENTIONED IN CHART

#CHENNAIPETRO support at level 275-277 closing basis and now stock can move toward upside from current level.

Morning star candlestick reversal pattern at the lower line of Broadening wedge is giving earlier sign of reversal of this down trending stock. RSI also coming back from the extreme oversold zone telling the buy, moreover the trade is available at small risk of one bar stop loss so one try his luck as under Entry 276 SL 262 Target 311 RR Ratio ...

Sell below 255, for targets - 220 - 200 with SL of 280 Buy above 275 for targets 300 - 310 with SL of 255. Refer chart for more details.

Refer Chart

Stock has been moving in the Broadening Wedge boundaries making nice alternate touch. It has bounced from the lower boundary and retested it again today. RSI coming out of overbought zone. Ideally any closing above 309 should trigger a long trade however aggressive trader can buy the stock now for a target of 335. Disclaimer : All ideas and comments are my ...

Case study for accumulation / momentum and duration calculation

I hope you can now see how CHENNPETRO CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour.. We want your feedback, and ...

Based on my PredictiveSystem's signals, today(18-Apr) its going to be a RED candle for NSE:CHENNPETRO Sell below: 336.5 Target-1: 334 Target-2: 332 Target-3: 331 Stop loss: 339.4 Note: These calls are based on my own analysis. It may or may not work well for you. So please carefully consider whether it is suitable for you and please do your own research before ...

The stock is forming Inverse Head & Shoulder Patter. Aggressive Trader can take a long now at the strength bar of right Shoulder area with stop loss of recent low. Safe trader can wait for the breakout. I would update the breakout. Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.

Chennai Petro is a technical buy as it's at retesting levels of breakout! Keep strict SL as 310

Moving in a parallel Channel, the prices are showing divergence. Incidentally prices are also in a Reversal Zone based on M_PL. It seems that stock is getting ready for an up move. Buy on closing above 348 with Stop loss of recent low or as per your risk taking capacity. Disclaimer : All stock recommendations and comments are my personnel view. please take ...

Forming higher lows Near Fibo Support of the previous wave Target 425 SL 345.60