abhishek_panda

Petronet LNG symmetric triangle pattern

Short
NSE:PETRONET   PETRONET LNG
Scrip has breached its 200 weekly ema and forming a symmetric triangle pattern. A clear sign of breakout/breakdown on weekly charts. I am more aligned towards short but it depends on oil and gas global cues.
Disclaimer: This is just for educational purposes won't be responsible for any trade taken on this basis. Please consult your financial advisor before making any trade.

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