aks85
Long

Petronet- Symmetrical Triangle Breakout- Buy Setup

NSE:PETRONET   PETRONET LNG
162 3 10
As seen Petronet             has broken out of symmetrical triangle with volumes on the daily chart . Also, it is bullish in the larger time frame.

Conservative traders can wait for the price to re-test the breakout levels in order to have a more favourable risk reward ratio.


CMP- 393
Expected Levels- 410, 460
SL- 365
Comment: good place to enter for conservative traders. cmp 378.5
thank you..
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very good set up
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aks85 rupambose32
@rupambose32, Thanks a lot.
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