Empiece
NeeteshJain

Petronet - Ranging in Downward Trend Channel (Short)

Corto
PETRONET LNG LTD. (BSE:PETRONET)  
NeeteshJain  
BSE:PETRONET   PETRONET LNG LTD.
PETRONET Parallel Channel
4
2
petronet parallelchannel
On hourly chart, the price action is trending in a downward trend channel as it is making lower Lows (LL) and Lower Highs (LH) indicating weakness and bearishness.

Refer to educational series on Channels to understand it better. (Links provided below)

Target: 317.50
Stoploss: 340

Ideas relacionadas

NeeteshJain
ONGC - Uptrend Channel in Progress (POWER OF CHANNELS)
NeeteshJain
TVS Motor - Uptrend Channel (At Break it or Make It Moment)
NeeteshJain
Educational 03: How To Trade Channels (Part I: Uptrend)
NeeteshJain
Educational 02: How To Draw Channels?
NeeteshJain
Educational 01: How to Identify TREND with CHANNELS
Exención de responsabilidad

La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.