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aks85
Jan 28, 2017 8:31 AM

Petronet- Symmetrical Triangle Breakout- Buy Setup Long

PETRONET LNGNSE

Description

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
asif06542
thank you..
UnknownUnicorn646072
very good set up
aks85
@rupambose32, Thanks a lot.
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