InsiderB
Long

PetroNet : Fueling it Up...

NSE:PETRONET   PETRONET LNG
Let's fill in our tanks and make ourselves ready for upside Breakout in Petronet . Actually I'm not interested in the downside Breakout, if you zoomout n see there can be shark pattern formation, haven't checked it though by drawing just saying by the perception I get from Petronet . You can try for that shark also if interested but simple channel upside break can be good n better :)
Hello InsiderB,

It looks like it has more chances of breaking the channel on the downside rather than upside.
Lately the uptrend has lost momentum on the upside.
ADX below 20 suggests a trading range between 420 to 460.
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InsiderB rahul.u.bhagwat
@rahul.u.bhagwat, very nice observation, Thanks for the info
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Choice is yours : Shark or channel ?
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InsiderB AMBRISH
@AMBRISH, That could have be better title :)
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AMBRISH InsiderB
@InsiderB, Choice is mine and pleasure is yours.
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InsiderB AMBRISH
@AMBRISH, Ha ha :)
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