Petronet range breakout followed by Gann Fan.
First hour play for 2%, if gap down pattern gets invalid SL complusory
PETRONET - Short sell with a SL of 273 and a target of 236
Trade Plans: Buy Above 267.95 with the stop loss of 265.3
buy above 236.85 target 242.25 t2: 245.25 sl: 34.25
PETRONET LNG is looking good for a substantial bullish move in coming weeks and every dip in this counter should be used to accumulate. For targets and stoploss you can send me a dm on the link provided in my profile. All the best!
Looking good for short trade setups. All green lines represent #VABA Number. All the best!
Bullish Shark Petronet LNG PRZ 209-213** SL 205 Target 225/237
Price testing short term Demand zone around 220, should bounce from here to test 227!
Bullish Shark Petronet LNG PRZ 208-209** SL 205 Target 214/218
Holding above 200 DMA, price may test 251, the first resistance at 100 DMA as it did several times earlier.
Price taking support at 200 DMA as it did several times earlier. Holding above this crucial level, Price may see 251, the first resistance.
Petronet LNG is extending as part of the 3rd wave as so don't expect much pullbacks . A good stock(technically and fundamentally) to have in your portfolio as it has a lot more upside potential from current levels. Short Term Target > 300+ Medium Term Target > 350+ Long Term Target > 400+ Good Luck.