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PETRONET LNG LTD
Long

Divergence on Petronet Weekly Chart

By sudhanshug92
Updated
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
Trade closed: stop reached
Price opened Gap down, and stop loss was hit, trade exited
buysignalChart PatternsDivergenceTechnical IndicatorsPETRONETreversalTechnical AnalysisTrend Analysisuptrendupwardupwardtrendweeklyforecast
sudhanshug92

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