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Sumanyu_Aggarwal
Jan 20, 2023 7:19 AM

Triangle on Monthly chart. 

NSE:PETRONET1M
PETRONET LNGNSE

Description

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It has taken 6 years of consolidation to form this triangle pattern. Price is also near its 18 year old upward trendline. It is also near the point of breakout or breakdown. Hence it is important to study the stock now.
Trend LinesSupply and DemandTriangle
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