Petronet has been in Bearish trend for quite sometime now, once it breaches the support, one can look for Bearish Entry to the downside. Sell below 216 with SL at 221 and Target 210.
long in the zone if u find .... mind it if u find reversal confirmation only than
Hammer at previous month support with high volume. SL 225, target 265. Risk:Reward =1:3
PETRONET LNG NEARING ITS SUPPORT OF 230, IF SUSTAINS THEN 240, 243 CAN BE SEEN ON REVERSAL ELSE ITS SINKING DOWN TO 217 AND 208 FURTHER ITS A SLOW MOVER, SO KEEP TRAILING STOP LOSS ********************************************************************************************************************************************** Hi all, Its pleasure to have you all...
Petronet - Bullish View - Expecting price will come to 315
Petronet can give breakout as its trading near 200dma too
Petronet looks bearish as it has broke down from the channel pattern and breached 250 which is a strong support. Further can expect a downfall 241.
petronet is better comparativly other OIL marketing companies with good dividend around 5 %
petronet in triangle 4hr wait for breakout
#PETRONET LNG Petronet LNG Ltd. CMP: 258.10 Target: 278 / 292 SL: 250
Petronet has pennant breaout at 1 and 2 hr chart... Targets on chart...