Stock is forming round bottom pattern and near to BO, watch.
Stock Name - Petronet Lng Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 222 #This is not Buy and Sell recommendation to any one. This is for education...
Cup and handle formation in PETRONET chart. Analysis done on daily time frame. Follow the yellow line as targets 1, 2, and 3 respectively. Redline as SL. Wait for a pull-back to enter this trade.
NSE:PETRONET Observations: 1) On Daily Time frame, Finally it has broken and closed above 200 DMA. 200DMA is placed at 236.74 level. Only negative thing is that volume of today was less than yesterday as well as just below averange of 21 days. Please refer below chart : Daily time frame. ------------------------------------- Trade Setup for Date...
NSE:PETRONET I am posting this on request from one of the follower. Observations: 1) On Daily time frame, we can see that 21DMA has made crossover of 100DMA. As per theory when the small moving average crosses above big moving averange then it will be a sign that a bullish move is going to come. But this doesn't work all the time. This is just a...
NSE:PETRONET PETRONET LNG now at the resistance level 230-231. can be see good move if it sustain above these levels. SL 226
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...
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...
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.
1. Petronet lng on weekly chart it took support on positive divergence and formed a spinning top kind of candle, which is an indication for trend reversal. 2. Risk takers can go long while crossing previous week high with strict stop loss. 3. Others can wait for the candle to close above previous week high and go for long. 4. Levels are marked on the chart. If you...
Diamond Pattern Found Buy Petronet Closing Price - 231 Best Price To Buy - 215-220 SL - 206 (WCB) Target - 270/290
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 CMP - 242 Stop - 230 on DCB Expectation - 1 - 270 2 - Review at 270 Expected Holding Period - 40 trading days or earlier Ideas being shared only for educational purpose
💢for risky players💢 enter @230-40 range strict sl below 200🙏 trgt 258-275-300+🎯🎯 long 400+💰 is this Accumulation Or distribution? 🔹Fund houses/brokerage firms updating their trgt into 280-300-350 levels. 🔹Stock with good financial performance alongside good to expensive valuation. 🔹Strong Financial perfomance. 🔹Also the chart looks postive. 🔹Has been...
Expecting pattern top. Once breakout, pattern, enter retrace & wait for the targets. Target 310 to 320.
Price at the support levels, go long with small stop loss below the previous low (wick). Target would be the trend line running at the top.
Petronet- Buy above 254.45 ONLY SL:3.5 Points TGT: 4.5++ Point (Will update later) Disclaimer: These are just my views, I am only SHARING my views - kindly do NOT trade blindly with these levels, please do your own research before entering/ or as per advice from your own financial adviser.
Fundamental positive cues: 1. Indian Govt. news on regulating tariff and facilities of LNG to boost demand 2. Decreased impact on financial performance in spite of lockdown 3. June and July seeing an increase in storage and pipeline utilization in its major sites (Dahej Terminal) compared to April / May 4. Permission granted to open LNG stations across the...