PETRONET
GSPL : The Trend is Bullish.The trend is Bullish in the short term, with Parabiolic SAR already in Buy Signal. Aother Oscillators and MA signals are also in favour.
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Higher Low in consolidation range....LONGPetronet is in clear uptrend on weekly TF.
On Daily TF, it is consolidating in a range. Now has made a higher low with a strong Bullish Engulfing yesterday.
I am long. Target has been set as per classical charting rules i.e. equal to max width of ascending triangle.