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 volume
Entry Price: 220 /225
SL: 210:(closing basis)
Bullish Abv.Cl. 228,232,236
Target: 230/250/280
Time Horizon: 90 to 120 days
NOTE: Movement of Stock also Depends upon Nifty 50 Movement
Disclaimer: I am not SEBI registered. This is my personal view only for educational purposes. I might have this stock in my portfolio. Please do research on your own or consult with your financial advisor before investing and trading.
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 volume
Entry Price: 220 /225
SL: 210:(closing basis)
Bullish Abv.Cl. 228,232,236
Target: 230/250/280
Time Horizon: 90 to 120 days
NOTE: Movement of Stock also Depends upon Nifty 50 Movement
Disclaimer: I am not SEBI registered. This is my personal view only for educational purposes. I might have this stock in my portfolio. Please do research on your own or consult with your financial advisor before investing and trading.