PETRONET MID-TERM VIEW

#PETRONET MID-TERM VIEW

- Price is moving in a range
- We can clearly see accumulation going on in the range with noticeable increase in the buying volume in the past 10 days.
- Currently trading at the Support and the indicator has given a BUY SIGNAL.
- 2Hourly RSI is moving up from 25 level to 50 level.
- Momentum is building up strongly for upmove

Start Accumulating between 222 - 218 range
SL 210
Target 250++
Chart PatternsTechnical IndicatorsTrend Analysis

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Garey
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