m2gud

PETRONET , 1 D ASCENDING TRIANGLE

Long
m2gud Updated   
NSE:PETRONET   PETRONET LNG
PETRONET DAILY CHART , forming Ascending Triangle Chart Pattern.
Price currently taking support at 200 simple moving average.

Price should sustain above 253 for upside move

CMP looks at buying level, for more upside it must cross the resistance zone & Trendline resistance INTERSECTION.

All levels are marked on the chart.





PS: All analysis are for educational purpose only.
Comment:
220 is SL trgt 290

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