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sudhanshug92

Divergence on Petronet Weekly Chart

Long
PETRONET LNG (NSE:PETRONET)  
sudhanshug92 Updated   
NSE:PETRONET   PETRONET LNG
Trend Analysis Chart Patterns Technical Indicators Divergence PETRONET weeklyforecast Technical Analysis uptrend reversal buysignal upward upwardtrend
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trendanalysis chartpattern indicator divergence petronet weeklyforecast technicalanalysis uptrend reversal buysignal upward upwardtrend
The weekly chart analysis suggests a potential upward movement. The 14-day stochastic oscillator has reversed from the oversold zone, indicating a momentum shift. Price found support at 220 level. A fresh divergence on the chart adds to the indication of an upcoming upward trend.
Buy at Market, Target at 235, Stop Loss at 218
Trade closed: stop reached:
Price opened Gap down, and stop loss was hit, trade exited
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