skydubey01

Manalipetro - Time to fly

Long
NSE:MANALIPETC   MANALI PETROCHEMS

- Undervalued Pick : MANALIPETRO CHEMICALS.

- Reasons :


- Pros :

- Very UNDERVALUED Stock.
- Price is taking support on SIGNIFICANT TRENDLINE.
- Trend is still Upward after correction.
- GOOD BUY RIGHT NOW FOR SHORT TERM ON TRENDLINE SUPPORT OR DEMAND ZONE.

- CONS :

- It is repeatedly coming in ASM STAGE 4.
- It is now in the T2T SEGMENT.


- GOOD FOR FUTURE OR TARGETS.

- Wait for it to come OUT OF ASM STAGE once .
- Can touch 52W HIGH OR ALL TIME HIGH IN Short Term.
- TAKE TRADES BASED ON YOUR RR RATIO.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.