Chart is self explanatory. Please follow the price action & take the trade as per your appetite.
The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other...
Petronet showing bullish sign. One can take this trade for 8-10%. Bullish harami candlestick has been formed.
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🚨SL must, it depend's on your risk appetite
on hourly chart making a breakout of inverse head and shoulder pattern buy for a minimum trg of 248 ..as will be crossing long term resistance of 235 target for 3rd wave can be 260-280 level.
Petronet has formed Max Gartley Pattern, Given strong volume and Upcoming Earning to act as Catalyst we can expect the Stock to go upto 233 levels followed by 242 Levels
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
PETRONET LNG is have ready to break his life time high with high volume chart is showing some internal news came any time Last time i was update hind petro at 220 now that share doing business at 300 you can check my previous published idea's that share
NOW price is 228 TRG 280/320/360 sl 200 only for long term holding
Bad Results are just buying opportunity when stock is in uptrend...Petronet 5% down move is excellent opportunity to add longs here...
Mark ki jiye points...Trade ki jiye points...Bhav Bhagwan hai...
as per my analysis petronet is good stock for buy for swing trading as delivery quantity is added heavily in last few days its not an advice just sharing my analysis i am not buying it i do paper trade in tradingview only thanku
The price was taking resistance from the long time. Price taken support from the support zone and now trading near resistance and resistance area of 226-232.If price breaks the level of 232 and closes than good move possible towards the upside. After breakout can enter in long position for the target of 230/260/300 in next coming trading sessions.
#PETRONET...
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I suppose targets between 235-240.
Stop loss 220.
After break out of triangle pattern the stock can be expected to move upwards with a target of at least 8 to 10% and we can see good momentum in the coming few days. A pull back can be expected at 230 after which the price could resume it's upward momentum and momentum could increase after this pull back.
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