PETRONET LNG RANGE BOUND SETUP

Jan 2

The stock has been consolidating in a range for a quite a long period of time moreover this stock can be a perfect example for range bound trading the range begun in the 2017 year and is still prevailing the 190 levels have been a crucial support zone for the stock and a solid rebound happens everytime it touches that level on the upper side the 271 levels has been a major resistance for the stock if this is broken than a prolonged rally till 350 lvls can be witnessed. additionally if we look at the fundamentals of the stock it shows quite a promising side , the

PE-9.99
PROFIT - HIGHEST EVER
This is the cheapest valued stock in the gas distribution sector and has a growing and a promising future and demand

Aug 24

Trade closed: target reached