Manali Petro Cmp 96 dated 6.8.2021 1. Darvos Box Pattern on chart. Buy for a tgt of 107-120 SL 90 It is just a view, pls trade at your own risk.
Strong longterm consolidation breakout.. Bullish momentum may continue
The stock has given a beautiful breakout from a great consolidation of almost 3 months. Expecting a 30-40% up move.
Hi Guys, Welcome to Thenali Views!!! Please find our analysis for Manali Petro Chemical Ltd!!! Manali Petrochemicals is engaged in the manufacture and sale of Propylene Oxide (PO), Propylene Glycol (PG) and Polyols (PY), which are used as industrial raw materials. Fundamentally the company Pros and Cons: Pros: 1. Company has reduced debt. 2. Company is...
This scrip is expected to give triangle pattern breakout. So traders keep on your radar to catch the momentum and enjoy the profit. Thanks to all 🙏🙏🙏
Fractals are a self similar patterns that recur at successive lower degrees. Once identified, they provide great trading opportunity. They can be found on any time frame, on any asset class or any instrument in any market conditions. How to trade: Once a clearly visible fractal pattern is recognized, look for the lowest degree pattern in the structure to retrace...
Manali petro..running in channel since last 2 months...big move expected on either side..more on upside move...buy @ cmp or around 76-77 with sl 75 day closing basis.....best buy above 90+ closing basis..target khula ashaman..100-110-150 ..
It may retrace back to its fibo levels... Negative divergence on RSI.... Levels mentioned in chart.. ✌️ Do your own research and manage risk reward Happy investing 😊 Disclosure : I am not an sebi registered research analyst.. I am not responsible for P/L.
Beautiful consolidation over the last 2.5 months. Making Darvas Box pattern. Good to buy if day candle closes over 90.25.
Manali Petrochem CMP : 81.15 SL on closing basis 78.6. Tgt 91
Distribution Phase formed here. Expect downside from here expect down side around 60
Manali Petro Chems Forms A Descending Triangle . Breaks The Trend And Goes Down . You Can Do Short Selling And Earn Money In DownTrend. Target It Around 82. . . . HIT THE LIKE BUTTON' FOLLOW FOR MORE UPDATES . COMMENTS ARE ALWAYS WELCOME.
The stock looks good above 89.4 level for further upmove - can test 95-100 sustains well above 90 level.