NeeteshJain
Short

Petronet Showing Weakness (Descending Triangle)

BSE:PETRONET   PETRONET LNG LTD
It is been observed on the daily chart that the price action is forming a descending triangle indicating selling pressure by the big players. It shall further move down. Regards

Target 1: 370

Target 2: 360

Stoploss: 385
Jan 06
Trade active
Jan 09
Trade active
Jan 09
Trade closed: target reached: Target 1 and Target 2 reached successfully. Regards
@NeeteshJain Hi Neetesh.. This was a super call :)

Can you please help me (and many others) to understand; how did you find Target1, Target2 and Stoploss in this pattern/graph.
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Superb !
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