ilmscore | Tamilnadu Petroproducts Ltd | Fundamental Analysis | CA Rachana Ranade

Tamilnadu Petroproducts Ltd | Fundamental Analysis | CA Rachana Ranade

Published: 2022-06-29
Status: Available | Analyzed

Predictions from this Video

Total: 3
Correct: 0
Incorrect: 0
Pending: 3
Unrated: 0
Prediction
Topic
Status
TN Petro plans to increase its LAB production capacity to 1,45,000 mtpa, which would make it the second-largest producer in India.
"they are planning to increase it to 1,45,000 mtpa and once this happens they will be like the second in the industry"
TNPL.NS
Pending
The stock price of TN Petro is currently at a support level of approximately 85.25 rupees, with a further support at around 70 rupees if the current level breaks, suggesting potential price movements in the medium term.
"this level looks to be a good level if this is broken then 70 can be a good level in the medium term"
TNPL.NS
Pending
A historical resistance level, now acting as a support, is being re-tested by TN Petro's stock price with good volumes, suggesting a potential bounce from this level on a monthly timeframe.
"this is like plain price action right so price goes up with good volumes this is like plain price action right so price goes up with good volumes it went up and again it is re-testing the same level so ideally I can say that this is a strong support from here, if it is re-testing there can be a potential bounce from this level but this is on a monthly time frame"
TNPL.NS
Pending