Petronet LNG has been in consolidation phase from 2019 and is frequently seen as giving whipsaws at the 40 day EMA. It made an all time high of 299 and from there it started its sideways journey. It formed a triangle pattern and on 15th Januray gave a breakout with above average volumes.It even briefly tried to test the all time high of 299. The long term Relative...
Petronet breaking out after forming a base for 2.9Y and reached target 1 today at 285. 317, 379, 402, 423 are the subsequent targets. 379 should be an easy target.
PetronetLNG breaking out of 4 year long range/pennant consolidation. Target - 410 / 600
There is good breakout in ratio chart of Petronet LNG and chances are higher that it can given good in returns in coming week.
MOB BANG ON PETRONET DAILY CHART Cmp 222.70 Target 288-293 Expected move explained as 1-2-3-4-5. Any move below 205 levels will negate the calculation.
PETRONET DAILY CHART Cmp 222.70 Target 288-293 Expected move explained as 1-2-3-4-5. Any move below 205 levels will negate the calculation. Its only an observation & not any suggestion or recommendation.
Is it gonna break multi-year range? With recent Q3 results I can assume that the price action got the support of Fundamentals as you can see the price just attempted to break its barrier though it is unsuccessful; looking at the similar pattern before -- the current structure almost resembles the pattern the stock is following. like historic pattern,...
3-2-2024 ------------ Petronet LNG Looking good on Chart Buy above 299 Targets : 315-330-360-397-435 Duration few Months Reason : Breaking Consolidation zone, Above 20 & 50 EMA, Volume increase, RSI above 60
Petronet is into developing, designing, construction, operation of owned and import Liquified Natural Gas(LNG) terminals in India. The company is in the niche business of transportation, storage and regasification of LNG. It owns and operates 2 regasification terminals at Dahej (Gujarat) and Kochi (Kerala) with a combined capacity of 22.5 MMTPA. It accounts for...
Flag and pole broken and coming for retesting. Good for long. It's only my view not a recommendation.
Price close above the zone in 4H TF. Target 242 ,254 Short term. Disclaimer : This is not a Buy or Sell recommendation. Please consult your financial advisor before making any investments . This is for Educational purpose only
Petronet LNG Ltd. 1. Stock form triple bottom in two year chart and very near to major breakout level on Six Months & Yearly chart almost after 65 days for More details of Chart go through Money Control. 2. Weekly RSI is above 55 levels. 3. Stock closes above 10/20/50/100/200 days moving average & last three day's continue higher high as well as raising...
This is the most straightforward price action logic in the commodity stock space right now. The entire commodity stock space is hitting a multi-period low. Prudent capital deployment at different levels should be considered.
super valid looking. leave a comment if you like my entry setup.
Hello All, I am glad you have liked my post and I am sure everyone who have traded on these post would have made profits. If you like my Idea, Don't forget to Boost and comment on my Analysis.. The recommendations are purely for educational purpose only, consult you financial advisor before trading. Gautam Khanna Technical Analyst by Passion :-)
petronet break his one month consolidation zone now ready for upmove forst target 212 petronet resdy for bollinger band blast
PETRONET company trading at 52W low and bottom trend line makes as a support, PETRONET diversification leads investors to Sell their share, which leads share price drop near 52W low, Add this stock to your watchlist and observe the trend.