aks85

Petronet- Symmetrical Triangle Breakout- Buy Setup

Long
NSE:PETRONET   PETRONET LNG
247 views
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

Comments

thank you..
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very good set up
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aks85 dr_professor_nifty
@dr_professor_nifty, Thanks a lot.
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