This stock breakout nearly 5 years consolidation level with huge volume and this is only for educational purpose
These are the Source and Destinations of the Uptrend. The Demand and Supply Equilibrium showing us the Areas on the equilibrium. Long Trade with an Amazing Reward to Risk ratio. ENJOY THE RIDE ! ! !
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 : Flag Pattern Breakout Good Strength & Decent Volume Take 5-10% and keep trailling Follow & Like for more Learning and Earning.
After long time consolidation NSE:PETRONET is ready to make upside move. As per my analysis, best level to take entry is 204.50, can hold stock till target of 211 & 224.50 . Stop loss will be 190. Note: This is my personal analysis, only for learning. Thanks.
Petronet LNG Looking Weak RSI - Downtrend - 40.78 Target & support 211
NSE:PETRONET Buy above 218 or near 210 CL closing below 199 T 231 236, 242 249 Closing above 255 will see 270+
The 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...
PETRONET LNG POSITIVE BULLISH DIVEREGENCE
Petronet LNG Small range to test then an upward trajectory possible
Looking at yearly trend, major possiblility to rebound from current price! Purely technical.
Petronet Looking Positive Can go long with swing low stoploss
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.
Petronet looks bearish as it has broke down from the channel pattern and breached 250 which is a strong support. Further can expect a downfall 241.
Short Term Cash Buy PETRONET @267.00-269 SL 262.3 TGT 279 TK cross over at 265 so go long on short term NIFTY in downtrend but this stock is in green.
PETRONET LNG is looking good for a substantial bullish move in coming weeks and every dip in this counter should be used to accumulate. For targets and stoploss you can send me a dm on the link provided in my profile. All the best!
Bullish Shark Petronet LNG PRZ 208-209** SL 205 Target 214/218