PETRONET LNG

NSE

PETRONET

NSE:PETRONET BULLISH BAT PETRONET CMP 228.70 @ 17/6/19 PRZ 220 TO 222 SL 213 T1 228 T2 233 CHART BY HARMONIC LEARNING AND EARNING

its in bullish phase...trade at your risk

Risk management is the most important thing in Trading.

Petronet Daily analysis CMP 236.65 BUy above 238 Targets 243 - 249- 255- 260- 265-271+

Long if it breaks the high of the previous day with a stop loss at the previous day's low. In case of gap up above the previous day's high or gap down below the previous day's low, please avoid buying it or selling it respectively. Follow the ending of the candle formed in first 5 minutes and follow ORB strategy.

INTRADAY CALL 7TH MAY 2019 BUY ABOVE 235 STOPLOSS 234 TARGET-1 240 TARGET-2 241

Levels mentioned in the chart!

breakout

good for positional

PETRONET HAS TARGETS OF 257, 262 AND BEYOND ONCE IT CROSSES THE RESISTANCE AT 250. HIGH DELIVERY PERCENTAGES OF 63%. PLACE STOP LOSS LEVEL AT 234. WHAT COULD BE THE REASON??

Petronet Bullish

Petronet 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.

exp on chart..

PETRONET LNG

Short Petronet

Triangle Pattern in PETRONET.

Pole flag breakout formation

Sell Petronet on rise with SL of 245 and target of 226.2.