praveen.bhatiya
Short

SHORT with good Risk to Reeard Ratio of above 4 !

NSE:PETRONET   PETRONET LNG
The chart is showing frequency at the down sloping PF . The prices broke the UML and came back again start trading below it. It may have shaken the weak traders today and may fall till ML. It offers a good opportunity to trade it with small SL with risk and reward ratio of above 4.

Entry current Price 250
SL 254 closing
Target 232
Risk/Reward Ratio 4.3

Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active: Shorted the Fut at 250!
Trade active: Trade is moving in line of expectation SL moved to break even :)
Trade closed: target reached: Great reward Thanks !
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Help Center Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing TradingView Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out