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Petronet, Expecting a breakout.
PETRONET LNG LTD
Long
Petronet, Expecting a breakout.
By varadtambolkar
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Feb 20, 2021
6
Feb 20, 2021
All observations on chart.
At lower end of trend line stock has formed a reversal pattern, there a huge volumes in last to sessions.
This is a low risk entry point, on lower trend line of wedge pattern.
Check previous idea for expected breakout, but it failed and stock came down and took support on lower trend line.
Double Top or Bottom
priceaction
Trend Analysis
Wedge
varadtambolkar
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Petronet Nearing a Breakout. Wedge & Ascending Traingle
by varadtambolkar
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