ALT BAT In PETRONET
There is an Alt Bat Pattern Formation on Petronet hourly chart.
Prices are currently trading in the PRZ zone of the pattern.
RSI is also in the oversold zone, hence there is the probability that we could see some bounce in the stock.
Resistance at 219-220 levels.
The pattern would be negated if prices close below 210 levels.
Disclaimer: Not a recommendation to trade.
Prices are currently trading in the PRZ zone of the pattern.
RSI is also in the oversold zone, hence there is the probability that we could see some bounce in the stock.
Resistance at 219-220 levels.
The pattern would be negated if prices close below 210 levels.
Disclaimer: Not a recommendation to trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.