#PETRONET CASH : LOOKS GOOD ABOVE 243.10#PETRONET CASH -POSITIONAL FOR 3-4 DAYS
10.11.2020
LOOKS GOOD ABOVE 243.10
AND DIPS 240-241
STOPLOSS 238
TARGET 247.50-248/254/260
CMP 239.10
PETRONET trade ideas
PETRONET - SWING PICK by Market MattersA 'W' pattern breakout is a clear cut indication of a trend reversal...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
Follow me to Learn and Earn with me.
Happy Trading!!
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.
LONG- PETRONET LNG Price has given a strong breakout from the 230 levels which was tested multiple times with volumes. Wait for a Pullback, around 230 Levels to go long for the targets of 248 with a Stoploss of 220.
Good 1:2 RR!
Petronet - Positional LongPetronet LNG Has given a clear Long Signal basis Decreasing Vixfix/ Increasing OBV.
1st Target: 235
PETRONET - After a good downtrend "Bullish White Soldier" foundEven after todays big decline most GAS stocks didnt fall, the other day i posted buy in IGL now Petronet, MGL also closed in green today. Gas sector has fallen so badly even after big rise in index. Hence expecting a rally in GAS sector, so after IGL, Petronet is also in BUY.
Buy At 218 Maintain Strict SL - 206.9, Target - 240
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 playing my boundaries :) update levels Mentioned in the chat .. Monday is decision making day.. !
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
