Please find my analysis for Manali PetroChems. Trend line breaks! Catch the good momentum!!
Potential channel breakout because Propylene Oxide prices have gone up 7-8% in the last couple days due to shutdowns in China. There could be a channel breakout above 108.50. Long above 108.50 With a 3-5% SL.
Ready for Breakout at ATH Volume is Supporting Strong Above 100
MANALIPETC almost histrical 90 % target reachyed so possbile of retracement or down side move when break life time confimation new up move
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.