The above information does not constitute investment/trading recommendation and it is purely for educational purpose. Please check the Strategy below... SWING Trading Strategy: Position is created, only upon stock closing above the entry price on day closing basis and is held on for 5-10 trading sessions for larger gains (5-10%) INTRADAY Trading...
Tamilnadu Petro is looking good on weekly time frame. Seems stock is forming rounding bottom pattern. Keep on radar.
Tamil Nadu Petro Products Ltd| A Momentum Stock Tamilnadu Petroproducts Limited, headquartered at Chennai, Tamilnadu, India is jointly promoted by Southern Petrochemical Industries Corporation Limited (SPIC) and Tamilnadu Industrial Development Corporation Limited (TIDCO) and is engaged in the business of petrochemical products viz, Linear Alkyl Benzene (LAB),...
It may going to blast , so make use of it guys, I am not a call provider and this is for education propose only
Tamil Nadu Petro is looking good on weekly time frame. Stock is trading near inverse head & shoulder breakout level. Keep on radar.
+ve Correlation with Oil Marketing Companies (Sector of the year 2024) Excellent Technicals Gann Time Cycles positive Steady Fundaments Regular cash inflows
NSE:TNPETRO cmp is 93.15 good time to have a look in this stock and grab the opportunity heading towards all time high & beyond This analysis is being done for educational and knowledge-sharing purposes. This article does not offer any kind of buy or sell advice. All stocks are positional and are held for a short to medium period of time. Everyone is expected...
+ve Correlation with Oil Marketing Companies (Sector of the year 2024) Excellent Technicals Gann Time Cycles positive Steady Fundaments Regular cash inflows
Stock is trading near BO levels after long consolidation making pole and flag pattern, entry came as previous chart from 93 levels. Follow chart for proper support and resistance levels.
I daily make educational content videos for swing / positional trading
Looks good for quick upside views for edu purpose only
TNPETRO (11/09/2023) (Weekly chart) Breakout with volume fib golden zone Trend reversal setup Trendline breakout Breakout of supply zone huge volumes Support from 200 ema
Multiyear breakout with good volumes. Bullish Flag breakout. Target - 130, 150
Stock has given BO on daily and weekly chart with good volume, follow chart for proper entry and exit levels.
TNPL travels from strong uptrend channel support and monthly bullish candle print. It takes 20ema support today. The first target is 98, if sustains above 98 in weekly it will reach the second target of 150
Buy at 72.90 Target 85 Stop loss 68 We can buy this script for short term when it hits 72.90 range. Strict stoploss at 68
Strength 1) Falling crude prices 2) Book value 86 , good p/b = 1.21 3) Dividend yield 2.88% 4) China product ban in india 5) Overall market is in a bullish mood Note : wait for breakout and a confirmation after that.
TN Petro Mutiple Inside bars in Weekly TN Petro Mutiple Inside bars in Weekly Self Explanatory Chart