AnkurSingh

Manali Petrochemicals Ltd (Day Chart)

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NSE:MANALIPETC   MANALI PETROCHEMS
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 neckline

Regards,
Ankur Singh
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