Petronet LNG Nifty in downtrend but petronet LNG is uptrend.
Risky trade - Petronet LNG taking resistance of downtrend trend line as well as 200 EMA. Good risk reward ration for shorting.
PETRONET trade ideas
Petronet IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
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Expecting it to move upside if it crosses mentioned line.Expecting it to move upside if it crosses mentioned line.
#intraday
Petro LNG India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
PETRONET LNGIt shows reversal with heavy volume from 52 weeks low...!! This can give a good upside rally. Buying suggested from current levels for short term.
ALT BAT In PETRONETThere is an Alt Bat Pattern Formation on Petronet hourly chart.
Prices are currently trading in the PRZ zone of the pattern.
RSI is also in the oversold zone, hence there is the probability that we could see some bounce in the stock.
Resistance at 219-220 levels.
The pattern would be negated if prices close below 210 levels.
Disclaimer: Not a recommendation to trade.
petronet--longon the verge of breakout first target of 330 ,334,336, once crosses 336 with volume we may see elevated level of 245
Technical PickRecovering from consolidation zone and major indicators all are have positive outlook for this chart at this price level.
"Note: Above Strategy is for study purpose only, please consult your financial advisor before taking any position."
PETRONET BREAKOUTCURRENTLY THE STOCK PETRONET IS BREAKING OUT
AND
THE in MACD the signal has given
AND
THE RSI LEVEL are about 60
ONLY FOR STUDY PURPOSE
I'M NOT A FINANCIAL ADVISOR
PETRONET LNG (LONG)This stock took support near 225 many times
bounced back to 234
now all set to fly up with good volume coming
BUY near 230-235
SL 225
Tgt 242 - 252 - 259 -269 -275
Must Correlate yourself also on charts before taking an entry. This is for Educational purposes only. Please consult your Financial advisor before investing.
Ready for Long Run.. lets seeI am a new trader.. bought some shares of Petronet.. it seems that it is ready for longrun.. let's see if my analysis gets right or wrong..
Petronet LNG - Breakout AlertWith Natural Gas prices flying...this stock could be one of the beneficiaries.
Long at CMP with SL below 230. Its broken above its downward trendline and gas prices seem to be going of the charts and should stay up esp since we are heading into winters when gas demands are usually at its highest.
Petronet, Breakout candidateThough the stock has not participated in the bull run till now and has been in a trading range of 215-272. The stock has recently given a falling trendline breakout and has also managed to give a close above 200 MA. With improving utilisations at dahej and kochi facility it can give a decent move on the upside. Keep an eye for this stock.
20% POTENTIAL stock - making of Flag Pattern ,Risk Reward 1:10Making Flag Pattern and trying to breakout from Triangle Pattern. Can see 20% if breakout done from now
CMP 230.50
Target 280
SL 2%
Good risk reward setup
Petronet LNG Expecting bounce from Demand ZoneNSE:PETRONET
Buy above 218 or near 210
CL closing below 199
T 231 236, 242 249
Closing above 255 will see 270+
PETRONET BUY IDEAas we can see the sock has broken triangle pattern convincingly and has entered the demand zone, for long term investors it will be a good idea to accumulate now.
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.
Bullish Hammer on PetronetPetronet has formed a Bullish Hammer on Daily chart. This signifies reversal of a downward trend.
Keep SL at 215 or slightly below it.
Target1: 223
Target2: 230
