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anilshivdasan
Nov 6, 2019 7:02 PM

PETRONET LNG has formed a ROUNDING BOTTOM Chart Pattern Long

NSE:PETRONET1D
PETRONET LNGNSE

Description

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PETRONET LNG is displaying a ROUNDING BOTTOM CHART PATTERN.
Stock could be on the Upmove from here.

Target 1 : Rs, 382
Target 2 : Rs, 459
Target 3 : Rs, 535

Stop Loss : Rs. 279
Trend AnalysisChart PatternsBeyond Technical Analysis
Comments
buddinginvestor80
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Sir I can see it as a cup with broader base and handle is being formed ? Is my understanding correct ?
anilshivdasan
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@ashok2988, Thats right...The Handle is being formed. AFter the Handle the Price might go up.
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