MANALIPETC Looks interesting On the verge of breakout. Need to watch out for this one.
For education purposes only
1.71 INR
293.10 M INR
8.97 B INR
83.74 M
About MANALI PETROCHEMICALS LTD
Sector
Industry
CEO
Chandrasekar Ramaswamy
Website
Headquarters
Chennai
Founded
1986
ISIN
INE201A01024
FIGI
BBG000D5GLW4
Manali Petrochemicals Ltd. engages in the provision of manufacture and sale of petrochemical products. It operates through the following geographical segments: India, European Union and UK, and Rest of the World. It caters for the following industries: appliances, automotive, bedding, food, fragrances, furniture, footwear, paints and coatings, and pharmaceuticals. The company was founded on June 11, 1986 and is headquartered in Chennai, India.
BUY TODAY SELL TOMORROW for 5%DON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
MANALI PETCHEM, SET TO BECOME 2XMANALI PETCHEM 80 (W), after series of contraction is now set for price expansion. stock is breakoing out from ichimoku cloud with volumes backing up. Medium to long term investor can look for 150/160 range, almost 2x from cmp. Invalid below 60 closing on weekly basis
#ManaliPetro changing gears again On weekly TF, stock has made a good base of 18 months now
Weekly breakout close seen with volume uptick also.
Stock from here on can gv investors 30-50% returns on 8-12 months TF
Main tain SL 70 WCB
Manali Petrochemicals Ltd (Day Chart)Date 03.06.2024
A weak chart, but making inverted head & shoulder with support of 200 ema below right shoulder. Can go for longs once breaks neckline of the inverted head & shoulder
Keep 200 ema as stoploss, if slips below it, either exit or don't average
Or simply wait for price to break the nec
Manali Petrochemicals Ltd - Volume BreakoutAfter the bull run, price retrenched to fib level at 38.20%. The fresh movement observed in stock, aptly supported by volume and moving average.
Stop Loss - Below support level ; Target 1 - Rs 109 , Target 2 - ATH
Daily chart
9 months of consolidation, afterward symmetrical triangle breakout. T
Momentum GameIdea is Simple Invest in stocks which Breakout with Volume.
Rather than targeting 20% to 25% profits for most of your stocks, the profit goal is a more modest 10%, or even just 5%.
Rule 1 : Exit from the trade when current day closes below previous day low.
Rule 2 : Hold the Trade until the Rule 1
MANALIPETCMANALIPETC
REVERSAL on cards
keep an eye
dips to 73 can be bought
SL below 68
Target 91/108 and then more..
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Strong sellStrong buy
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Oscillators
Neutral
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Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
The current price of MANALIPETC is 70.39 INR — it has increased by 9.08% in the past 24 hours. Watch MANALI PETROCHEMICALS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange MANALI PETROCHEMICALS LTD stocks are traded under the ticker MANALIPETC.
MANALIPETC stock has risen by 22.55% compared to the previous week, the month change is a 22.57% rise, over the last year MANALI PETROCHEMICALS LTD has showed a −21.83% decrease.
MANALIPETC reached its all-time high on Apr 21, 2022 with the price of 149.65 INR, and its all-time low was 5.35 INR and was reached on Nov 26, 2008. View more price dynamics on MANALIPETC chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
MANALIPETC stock is 10.69% volatile and has beta coefficient of 1.05. Track MANALI PETROCHEMICALS LTD stock price on the chart and check out the list of the most volatile stocks — is MANALI PETROCHEMICALS LTD there?
Today MANALI PETROCHEMICALS LTD has the market capitalization of 11.22 B, it has increased by 0.78% over the last week.
Yes, you can track MANALI PETROCHEMICALS LTD financials in yearly and quarterly reports right on TradingView.
MANALIPETC net income for the last quarter is 108.10 M INR, while the quarter before that showed 52.70 M INR of net income which accounts for 105.12% change. Track more MANALI PETROCHEMICALS LTD financial stats to get the full picture.
Yes, MANALIPETC dividends are paid annually. The last dividend per share was 0.75 INR. As of today, Dividend Yield (TTM)% is 1.15%. Tracking MANALI PETROCHEMICALS LTD dividends might help you take more informed decisions.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. MANALI PETROCHEMICALS LTD EBITDA is 582.90 M INR, and current EBITDA margin is 6.50%. See more stats in MANALI PETROCHEMICALS LTD financial statements.
Like other stocks, MANALIPETC shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade MANALI PETROCHEMICALS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So MANALI PETROCHEMICALS LTD technincal analysis shows the strong buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating MANALI PETROCHEMICALS LTD stock shows the buy signal. See more of MANALI PETROCHEMICALS LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.