PETRONET trade ideas
Petronet playing within my boundaries :)This is my first technical Analysis; I draw trend lines on Sep month .. & monitoring one month full..
Now your Turn, Play with your own risk :(
Petronet Sept Expiry Trade Setup !TREND ANALYSIS & TRADE SETUP !
FLAG PATTERN !
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 setup, if available then Long/short.
Reward is 4-5 times .
PETRONET0.5 Fib is known as healthy retrenchment and In candle at the support levels there is a doji formation which indicates a trend reversal
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 Updated Chart !TREND ANALYSIS & TRADE SETUP !
UPDATED CHART !
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 setup, if available then Long/short.
Reward is 5-7 Times
At support buy with small stopPrice 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 Head & Shoulder Chart Pattern !TREND ANALYSIS & TRADE SETUP
H & S CHART PATTERN !!
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 setup, if available then Long/short.
Reward is 8-10 Times
Petronet Lng for a weekPetronet Lng looks good for a week.
Current Price. 246.80
TARGET. 253+
STOP LOSS. 242.40
petronet can buy for short term cmp 249.25 sl is 242petronet can buy for short term cmp 249.25 sl is 242
petronet positional buycmp 243
buy and accumulate till 230
sl 216
targets 253/259/267/280+++=
best buy zone 233 to 236
intradayis Petronet on a downfall?????
wait and see if it breaks support at 247.30
Only my view. trade at your own risk and stop loss
Petronet Cup & Handle 280 target ?(For educational purposes only ) After the results of PETRONET LNG - Will it reach its targets after formaing a Cup and Handle ? - Let's wait
BuyBuy above 260 and upto 262 sl 242 TGT 282-300
Buy around 251 sl 240 TGT 282
Disc : It's not an advise to buy or sell
Positional Buy - Petronet LNG LimitedPetronet LNG Ltd had formed 3-Bar bullish pattern which usually happens before strong swing moves. Expect good positional up move in this stock with first entry above 239.45 with SL of 231.90 & swing target of 10% and above.
Stock had also broken trend line resistance in 30min charts & given second entry above 244.80. Buy with a initial target of 259.
