PETRONET trade ideas
Petronet - Intraday Trade SetupPetronet CMP - 254.25
Looking very bullish. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Buy at or Above 256 / Stop Loss 250
Target 1 - 259
Target 2 - 262
Target 3 - 265 / 268
Disclaimer: This is my view and for educational purpose only.
Classic Double Bottom Patten on PetronetYou can see classic W/double bottom pattern on petronet daily chart at 68.2 Fibonacci retracement level. Classic case of going long on petronet. Target of 279 and 322 for medium and long term
Petronet NG - Intraday Trade SetupPetronet CMP - 229.70
Looking bearish in daily time frame. One can go for sell with the following entry, exit & targets
Sell at or above - 228.50 - 227 / Stop Loss 235
Target 1 - 225
Target 2 - 221
Target 3 – 218 / 215
Also, we can 220 PE OCT CMP - 0.35 contract will be a good buy for quick profits. Target will be 0.70 / 0.90 /1 +
Disclaimer: This is my view and for educational purpose only.
#PetronetLNGPetronet LNG is coming out of FWP in W TF. Price is giving fantastic move already. We might see more upsides in coming days.
PETRONET , gave 1.95% intra day profitANALYSIS / TRADE BASED ON :
1. PRICE ACTION
2. TREND LINE
3. FIBO ACTION
4. PURE PRICE ACTION
PETRONET 15M - Look for Bearish MovePetronet has been in Bearish trend for quite sometime now, once it breaches the support, one can look for Bearish Entry to the downside. Sell below 216 with SL at 221 and Target 210.
PETRONET LNGPETRONET LNG NEARING ITS SUPPORT OF 230, IF SUSTAINS THEN 240, 243 CAN BE SEEN ON REVERSAL
ELSE ITS SINKING DOWN TO 217 AND 208 FURTHER
ITS A SLOW MOVER, SO KEEP TRAILING STOP LOSS
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Petronet - Bullish View - Expecting price will come to 315Petronet - Bullish View - Expecting price will come to 315
Petronet can give breakout as its trading near 200dma tooPetronet can give breakout as its trading near 200dma too
Petronet looking bearishPetronet 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.
PETRONET daily demandpetronet is better comparativly other OIL marketing companies with good dividend around 5 %
#PETRONET LNG#OIL #GAS #BANKNIFTY #NIFTY #NSE #TRADING #COVID19 #PETRONET LNG
Petronet LNG Ltd.
CMP: 258.10
Target: 278 / 292
SL: 250
