praveen.bhatiya
Long

3LR /UP Sloping Channel

NSE:PETRONET   PETRONET LNG
Price action has nicely formed UP Sloping Channel which is quite easy to trade. RSI above 50 is also confirming the decision and today's bar has made a 3LR reversal pattern. One can take the long position as the details given below

Entry 216
SL 208(closing)
Target 232
Risk/Reward Ratio 2,67
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Trade active
Trade closed manually: Although it has not triggered the SL but closing the trade with small SL.

Comments

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