sureshk05

Positional Buy - Petronet LNG Limited

Long
NSE:PETRONET   PETRONET LNG
Petronet LNG Ltd had formed 3-Bar bullish pattern which usually happens before strong swing moves. Expect good positional up move in this stock with first entry above 239.45 with SL of 231.90 & swing target of 10% and above.
Stock had also broken trend line resistance in 30min charts & given second entry above 244.80. Buy with a initial target of 259.
Trade closed: target reached: Initial target of 259 reached.

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