Petronet LNG Cmp 270 Three Black CrowsPetronet LNG Cmp 270 dated 9-2-2024 1. Three Black crows @ top of the chart. Sell Below 264 target 262-258-254-250-246-241 SL 280 It is just a view, please trade at your own risk. Shortby SHEETAL_UDESHIUpdated 34
PETRONET LNG (Monthly breakout)PETRONET LNG looks promising as it near it's multi-year breakout. Closing above 240 can fire NOTE: I'm not a SEBI REG. Study before investing.by tradingcultsUpdated 11
Petronet LNG - 6 years of range breakoutAfter the bull run, stock retrenched to 61.80% fib level and consolidated for 6 years. The range breakout visible in chart, aptly supported by volume and technical indicator. Stop Loss below 20EMA; Target 1 Rs 415 Weekly Chart After four year of consolidation, the stock given a descending triangle breakout with breakaway gap. Technical Chart Golden crossover of ema 50 & 200 with breakout volume, certainly confirm the bullish strength in stock. Thanks -aj Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading or any other types of advice or recommendations.Longby Indieconomic4
Multi year consolidation breakoutmulti year consolidation breakout on weekly basis, Longby suman20141
Investment dividend stock near support!Petronet LNG is an investment stock with amazing dividend yield and a TTM PE ratio of around 10 at CMP of 222. The chart of stock is quite simple. The stock is consolidating since 2017 but has continuously took support from a trendline which was earlier a resistance. The stock is currently available at a strong demand zone which is the confluence of it 200 week EMA and 50 week EMA. The stock is attractive at CMP and can also be added on dips uptill 205. SL can be a weekly closing below 190 and Targets can be 240,257 & 270. If the stock sustains above the supply zone of 270-280, we can see a flag-pole breakout which can take the stock to new highs . So keep this stock in radar for long term purposes as well. Note:- Idea has been shared for educational purposes only and should not be considered as a recommendation.Longby tradewithamey_Updated 336
petronet -long for 20 % upmovedecent valuation bullish engulfing bar bouncing from 18 day EMA stop loss and target markedLongby FrankzMDUpdated 6
6.5-year consolidation period breakout with high volumeFundamental Highlights: Market Capitalization: ₹37,020 crore Price-to-Earnings Ratio (P/E): 10.9 Return on Capital Employed (ROCE): 26.6% Return on Equity (ROE): 22.8% 3-year Sales/PAT Compound Annual Growth Rate (CAGR): 19%, 6% Technical Analysis: Since October '17, the price has exhibited sideways movement. A breakout has occurred this week, surpassing both trendline and horizontal resistance levels, accompanied by a notable increase in volumes. The Commodity Channel Index (CCI) is displaying a bullish trend on the weekly chart. Relative Strength (RS) is on the rise and is poised to turn bullish on the weekly timeframe soon.Longby Marketik6
Petronet LNG: Bullish Pattern formationNSE:PETRONET is showing an interesting breakout pattern. It is breaking out a pennant pattern formed since last 3 yrs with an excessive high volume. Structure wise it is also creating an higher high patten. Lets wait for the price to correct upto it's support level of 240. Then its a good price to acquire for a potential price target of 300. SL can be kept at 210. Longby pradipandsuvraUpdated 3
don't miss this massive breakoutpetronet LNG giving a massive breakout, re rating incoming.Longby harshtyagi_december1
Petronet looks good at the bottomPetronet looks good at the bottom. Targeting 30% from here. Positional call. 🚨DYOR 🚨SL must, it depend's on your risk appetite Longby GOPUXDUpdated 3
Petronet LNG: potential upmove of 64%➡️sector with massive potential ➡️EPS has doubled since 2017 ➡️low P/E ➡️public holding <10% Safe traders to enter on ATH & 7 year box #breakout Disc: already investedLongby TradingBanker6
PETRONET LNG RANGE BOUND SETUPThe stock has been consolidating in a range for a quite a long period of time moreover this stock can be a perfect example for range bound trading the range begun in the 2017 year and is still prevailing the 190 levels have been a crucial support zone for the stock and a solid rebound happens everytime it touches that level on the upper side the 271 levels has been a major resistance for the stock if this is broken than a prolonged rally till 350 lvls can be witnessed. additionally if we look at the fundamentals of the stock it shows quite a promising side , the PE-9.99 PROFIT - HIGHEST EVER This is the cheapest valued stock in the gas distribution sector and has a growing and a promising future and demandLongby keshavmaharaj9583
petronet lngbased on chart its showing good sign . good for option trading of next month anyone can look for call option of 230 of January expiry which is around 6 rupee . keeping stop loss of one rupee can hope price of 10 to 12 in next two weeks Longby shanbaisya2
PETRONETPetronet lng moving upside. 219 level is a Good support. Confirm this level with bullish sentiment Target is 234.by PANNER_SELVAM_KATTAKALAI1
This is the classic example of Smart Money TradingLiquidity being created Both side of the Market, but eventually market moves in the direction of order flow. Which is upside....from the mentioned Demand Zone.From here I anticipate if the price goes down to the Demand Zone mentioned..Spike Might be noticed.Longby Nadim1997115
After break outEarlier posted around 202 around break out levels now moved up to 214. Enjoy the profits and ride on the trend. Longby aliveGear69722116
Can $NSE:PETRONET Bounce From here ?Dear Followers, I hope this message finds you well. I wanted to share my swing trade view on NSE:PETRONET with you. I've analyzed the chart and identified some potential opportunities that I believe align with our swing trading strategy. Stock: NSE:PETRONET Holding Time Frame: 90 Days Entry Point: 193-195 Stop Loss Point : 180 Target Point: 220,230,240 I've created a chart on TradingView that illustrates my analysis. You can view it by clicking on the following link: in.tradingview.com Please keep in mind that markets are inherently unpredictable, and there are no guarantees in trading. This view is based on my analysis as of Dated 02-Nov-2023, and conditions may change. It's important to do your own research and consider your risk tolerance before making any trading decisions. Feel free to reach out if you have any questions or if you'd like to discuss this swing trade view further. Your feedback and insights are always appreciated. Best regards, Ajay Metha Longby PrachiMethaUpdated 8
Petronet - awaiting for breakoutAfter big fall, Petronet has trading in support zone. Given triangle breakout and back to back day volume, awaiting for breakout. After cross 204 -205 Resistance zone, we can expect sharp move towards 240 levels. Stop loss should be below support zone 192 levels. We can expect 1:2 RR ratio. Longby aliveGear697221112
PETRONET - NEAR BUY ZONEPETRONET Trading near support zone Can be bought for quick gains 10/20% in 1-2 months Longby prashantpradhani5
Petronet LNG in BUY Zone !!* Near 52 week low * 2nd Largest company in Industrial Gases & Fuels Sector * Although quarterly sales has fallen by 12% * fundamentals are decent not so bad * accumulation range is (180-200) * might take 2-3 months to consolidate in this range and then recover. * pure technical entry at this range Longby rsptraders20173
Petronet swing trade Details are given in chart This is for education purpose only Longby rahulsharmasujan5
PETRONETPETRONET LNG looking after close above or bellow weekly support and resistance. buy or sell after weekly candle close please wait for weekly candle close. NOTE- Only for Education Purpose. Please Give A Like If You Likeby UnknownUnicorn55144266Updated 5
correction in PETRONET LNG completed.Elliott wave analysis:- Running Flat took place with B wave as triangle. now an upside move is expected. i am not a SEBI registered advisor. Before taking a trade do your own analysis or consult a financial advisor. I share chart for education purpose only. I share my trade setup.by n0m0ret0ssUpdated 9