PETRONET LNG LTD
Long
Updated

Petronet ATH breakout

Petronet among gas distribution brokeout all time high. Gas distribution sector also gave trendline breakout. Fundamentals of Petronet is also good. OPM has been steadily increasing over past 4 quarters along with net profit and eps. Stellar ROE record over 10Y period
Note
Good weekly closing with RSI breakout
Note
Target 3 reached. Morgan stanley now upgrades target to 400 which is target 4

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