PETRONET LNG LTD

Long

Petronet ATH breakout

Updated

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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Petronet Breakout

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