PETRONET DESCENDING TRIANGLEPETRONET DAILY, above 200 sma and price approaching supply zone. With descending triangle pattern
Target 230
PETRONET trade ideas
PETRONET WEEKLY, descending triangle pattern.PETRONET WEEKLY, descending triangle pattern.
price will come down to 210-200
[Intraday] PETRONET Inside Bar TradeInside Bar
Long above 216, SL PDL
Short below 213.75, SL PDH
If gap up or down, follow 5m ORB.
Petronet - Descending triangle!Sell below 213 with the stop loss of 216. Targets are 210, 207 and 205.
Buy Petronet Lng with SL 220 for 11th FebLong Petronet Lng on a minor dip with sl of 220.7 and target of 227. Adjust volumes as per entry price.
Disclaimer :
All investments involve risk, and the past performance of a security, industry, sector, market, financial product, trading strategy, or individual’s trading does not guarantee future results or returns. Investors are fully responsible for any investment decisions they make. Such decisions should be based solely on an evaluation of their financial circumstances, investment objectives, risk tolerance, and liquidity needs. Any opinions, news, research, analyses, prices, or other information offered is provided as general market commentary, and does not constitute investment advice. I will not accept liability for any loss or damage, including without limitation any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
petronet longtrading in a range and possible cup and handly pattern in the making.upper range of 228-230 can be expected soon.a double bottom has formed on the 30 min charts on the support
PETRONET LNG AnalysisNSE:PETRONET
Enter trade either Long or short based on daily close deviating the pennant.
Targets are as shown in image
Petronet short term view- BearishShort opportunity with minimum stoploss. Refer chart
Vijayaraghavan.K,
Kovilpatti.
3LR /UP Sloping Channel Price action has nicely formed UP Sloping Channel which is quite easy to trade. RSI above 50 is also confirming the decision and today's bar has made a 3LR reversal pattern. One can take the long position as the details given below
Entry 216
SL 208(closing)
Target 232
Risk/Reward Ratio 2,67
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
PLNG trend analysisAfter trend reversal, PLNG moving in upward direction.
Entry - 233~236
TGT 1 - 260 in 2 weeks
TGT 2 - 275 in 6 weeks
SL - 229
