NSE:PETRONET I am selecting PETRONET again for 07-09-2021. Observations: 1)On 15min Time frame today we can see that it has broken out from the parallel channel and also closed above 230 level. Tomorrow if it sustain above 230 level then we can see a good upmove. Please refer below chart : 15min time frame. 2)On Daily Time frame we can see that after...
Petronet has been facing resistance around 230 levels from last many days. Now it is looking ready for Breakout. RSI is also hovering above 60 levels. SL - 220 Target - 247
NSE:PETRONET Observations: 1) On Daily Time frame, if you can see that level 230 is working as critical level since long time. It was working as both support and resistance since long long time. Please refer below chart : Daily time frame. 2)Also, on Daily Time frame you can see that it has closed above 100DMA but still below 200DMA. One good thing is...
PETRONET complete the pattern and breakout the previous resistance...so its more possible to reach the targets as given in chart at short term
Buy @215 Target - 240++ SL - 203 Buy only when it forms positive(bullish) candle at this point.
PETRONET looks good on chart. One can go long on this level. (for educational purpose only)
Petronet at demand zone. Buy setup detail Entry-222 or near about price SL- 213 Target 240-245
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart. Close above purple line can add momentum. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade. NSE:PETRONET
NSE:PETRONET one can initiate swing trade for long if find reversal form harmonic PRZ. keep stop loss as per chart. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 5-7 times.
short zone given keeping 231 as stop for now also keeping ema, rsi in mind to trail Stop loss on DCB targets 1:2, 1:3, again trailing basis disclaimer - trade @ own risk
Diamond Pattern Found Buy Petronet Closing Price - 231 Best Price To Buy - 215-220 SL - 206 (WCB) Target - 270/290
Details on Chart. Usage : Educational Purpose
PETRONET Cup & Handle - Head & Shoulder Cup & Handle Breakout Above 250 Head & Shoulder Breakout confirmed @244 Buy Above : 250 Stoploss : 244 Targets on Chart Note: This is for educational Purpose
#PETRONET NSE: PETRONET CMP 247 Target : 271 SL 238 Time Frame < 2 months Can hold the stock for longer time after part booking. Factors: Trend Following Inverted Head & Shoulder Pattern. Rising Volume with rising Prices. Flag pattern breakout. Pennant Pattern Breakout with Bullish Candle. Retest Successful. Higher Highs & Higher Lows. Broken above RESISTANCE...
Watch for breakout and day close above breakout area. Levels are given on chart. Disclaimer: This is educational purpose only. Please share your thoughts in the comments section below.
PETRONET EQUITY levels ...01/06/2021 (D candle)