PETRONET LNG NSE:​PETRONET

Short Petronet

NSE:PETRONET Enter trade either Long or short based on daily close deviating the pennant. Targets are as shown in image

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 ...

Short opportunity with minimum stoploss. Refer chart Vijayaraghavan.K, Kovilpatti.

disclaimer.... not an investing.trading recommendation

After trend reversal, PLNG moving in upward direction. Entry - 233~236 TGT 1 - 260 in 2 weeks TGT 2 - 275 in 6 weeks SL - 229

Looks like going to rock

watch

Can be bought with SL 235 For new highs..

NSE:PETRONET Long. Levels mentioned on the chart.

Levels mentioned on chart

tweezer bottom at suppport and in downtrend so buyif it breaks PDH with sl@PDL

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Idea described in charts...

Petronet has been in corrective phase for last 9 months. After posting an all time high of 275 in Nov' 17, the stock has corrected almost 25% in last 9 months. Last month the stock formed a perfect Doji Star on monthly chart. This month it is likely to close above last month close which will result in Bullish Engulfing candlestick pattern. Also the stock is ...

PETRONET Weekly - Convincing breakout? Last week was a huge bullish candle. Find levels on chart

Bullish Pin Bar of Petronet make it 242

NSE:PETRONET has formed bearish harmonic pattern. Short it below 227.90 T1 - 219.55 T2 - 210.25 SL - 236.50