Petronetlng
PETRONET LNG SUPER STOCK SUPER RETURN PETRONET LNG is have ready to break his life time high with high volume chart is showing some internal news came any time Last time i was update hind petro at 220 now that share doing business at 300 you can check my previous published idea's that share
NOW price is 228 TRG 280/320/360 sl 200 only for long term holding
Petronet LNG Short Term ReversalThe stock has reached the lower trend line and might take support and undergo a reversal rally. Trade is supported by brokerage calls and Supports Nearby.
Risk Reward Ratio - 1.5:1
SL is placed below multiple major support zones and the target is placed based on fundamentals.
Note: Earnings will be disclosed during the trade duration. If results are not up to expectations or the trendline and 200 EMA are broken after results, it may be a better option to exit.
Petronet LNG - Symmetrical Triangle breakout possible.Every time after 4 or 5 weeks at support the stock moves up
If history tends to repeat we may see a fresh breakout
Mouth support to resistance is in a gap of 110 points or 60% range.
After the breakout, the same 110 points (380 Target) or 60% rise (Target 428) in upcoming months.