Petronet to sustain above Yellow zone (TF-W) for LONG Petronet LNG has to sustain above Yellow zone in TF-W to make it a buliish trade. All the levels marked can be taken has important levels as targets and SL
Search in ideas for "PETRONET LNG"
PETRONET BULLISH Petronet Lng looking good by breaking falling resistance trendline and giving a close above on that so we can consider that it is a breakout and can go long for the target of 254.
TARGET
𝑵𝑶𝑻𝑬- 𝑶𝑵𝑳𝒀 𝑭𝑶𝑹 𝑬𝑫𝑼𝑪𝑨𝑻𝑰𝑶𝑵 𝑷𝑼𝑹𝑷𝑶𝑺𝐄
PETRONET LNG Inverted Head and shoulder pattern on daily chartsPETRONET is ready for major breakout , forming inverted head and shoulder pattern on daily timeframe , target of 262
Note: This is only for educational purpose
Petronet LNG: LongGo long for 232, 252 with SL at 210. Trend break out with good volumes are key factors
Petronet LNG Trade Setup & W Pattern !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.
Petronet-Buying levelsPetronet LNG trading near 20 EMA on Monthly chart in a triangle harmonic pattern. Once broken can go upto 350+ levels quickly.
PETRONET LNG Short & Simple Short term Analysis✔✔💢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 consolidating for the last 4 years.
✔197-202 is the major support level of the stock.
✔In the pademic crash the stock made a low of 170, 40% from jan high.chart below👇
✔Just 15% from it's major support(4 year support).👇
✔I am not saying 40% is small correction.yes it's a good correction.But we can see big rejection/wick candles in weekly time frame.that's why i feel it like an Accumulation.👇
I am not sure guys. I shared just my analysis✨
you can also share your views. Comment below✨
Anyway keeep watching
note this is not a stock recommendation Study then enter🙏
like💚comment💚support
PETRONET LNGPetronet
LOOKING Bullish : Buy on breakout
** Follow me and Inbox me for Entry/Targets and SL
Disclaimer:
# Only for education purpose
# Do not trade without consulting your financial advisor
Petronet LNG - Go long with a stop loss of 227.Levels mentioned on chart,
pls consult your consultant before taking any position, avoid derivatives. Buy in cash with a medium term review.
Petronet LNG: Can go long above this trendlineA crucial support is now established at around 205-210 levels. A break above this trendline would be very positive. It went up with good volumes in a relatively weaker market today, expecting it to go higher tomorrow. Note: Only for educational purposes.
PETRONET LNGPETRONET shaped up in HEAD & SHOULDER pattern & price closes below the NECKLINE.
Bearish movement may remain intact.
Levels mentioned on chart.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
PETRONET LNG Trading SetupDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Petronet LNG - Harmonic Bearish ABCD Pattern - ShortPetronet LPG Pattern evidence Harmonic Bearish AB=CD Pattern.
Go for Short @ 260.10
Target 1- 244
Target 2 - 219
SL - 270
Disclaimer: Kindly do your own analysis before executing the trade
PETRONET LNG - HIGH VOL AND HIGH DEL.!!SEE THE DAY CHART OF PETRONET LNG. TRYING AGAIN TO CLOSE ABOVE THE RESISTANCE.
ONCE, IT STARTS TRADING ABOVE 252.7 TARGET OF 262 IS IMMINENT.
ALL THE INDICATORS ARE POSITIVE WITH NO RESISTANCES NEARBY AFTER 253.
WAIT AND ENTER THE TRADE.
TRADED VOLUME : 63 LAKHS AND DELIVERY TAKEN : 59%.
Petronet BreakoutPetronet LNG broke out above 250 on 29th March. Good momentum is evident from the fact that ADX is above 29. One can buy at current levels with a stop loss at Rs.233 or one can wait until it crosses 255 after taking support at previous resistance. Trade cautiously as Nifty is near it's old high.
PETRONET LNGBUY PETRONET @ 218 TO 221
STOP LOSS OF 214
TARGET 239 AND ABOVE
TIME FRAME 10 TO 15 DAY'S
Petronet LNG looks good for 225Petronet looks to have taken support around 208. Go long in the stock around 213 with sl below 207.5 targetting 225
Petronet LNG - Bullish The stock is moving in a bullish parallel and has taken support on the lower boundary and rebounded back indicating clear recognition of the channel. It has handled the on going correction very well. 50 DMA > 200 DMA. Daily Vol in same range as average Vol. Applying fibonacci the price has already crossed 38.2 % stage. This stock is likely to rise and attain following targets.
1) Trgt # 1 - 402
2) Trgt # 2 - 425
3) Trgt # 3 - 449
This write up is for academic purpose only.
