ConsolidationThis is on range and may keep in range unless Vol comes up for breaking any level. Based on data and past History marked crucial level of trade. Keep eyes on VOL and SL is must by Girish830
TECHNICAL ANALYSIS OF NSE:PETRONET.The LAST CLOSE PRICE of NSE:PETRONET is 262.05 , as on 04.12.2020. The PARABOLIC SAR is showing the BUY SIGNAL with TREND as UPTREND . The FIBONACCI LEVELS analysis shows that the CLOSEST FIBONACCI LEVELS is 0 at the FIBONACCI STOCK PRICE LEVEL of 263.03. From here, the Key Support and Resistance levels are SUPPORT 1 at 250.07 , SUPPORT 2 at 241.89 with RESISTANCE 1 and RESISTANCE 2 at 276.53 and 284.71 respectively. The Key 50% FIBONACCI LEVEL stands at 235.27 which is the crucial Fibonacci Level determining whether the scrip will maintain the trend or not. The STOC RSI has the values K and D as 21.43 and 12.63 respectively. At this level it the status is OVER SOLD . When we look at the Moving Averages, MACD is the crucial indicator to look into. With MACD VALUE at 6.35 and SIGNAL at 6.61 alongwith HISTOGRAM showing valus of -0.26 , the STATUS is clearly BUY CROSSOVER NEARING IN . The best indicator to determine the Trend Reversal is FISHER TRANSFORM and currently the values of FISHER and TRIGGER stand at -0.04 and -0.42 with SIGNAL as TREND CHANGED TO BUY . A very important factor while making the investment is to see if there has been already too much of Buying or Selling, and that are we entering too late into the transaction or not. Thus, with WILLIAM's R% value at -0.1596 the STATUS is OVER BOUGHT . No one wants to buy costly things, and thus always look for the bargain or appropriate price levels to buy things. The same applies to Stocks, however, the only exception would be some Hot Stocks that one wants to have any price. Looking at this perspective, the P/E RATIO of the stock stands at 15.903 which signifies its Price Level to be VERY CHEAP. Disclaimer: The analysis is only for illustration purposes only. Please consult your financial advisor, agent, broker before acting on any information. We may or may not have positions in the stock and our actions may be contrary to the one mentioned here. This analysis may or may not be updated. We would not be responsible for the profit/loss resulting from this analysis. Longby finogent0
PETRONET LNG IN DEMAND ZONEPETRONET LNG IS IN DEMAND ZONE AND HAS BULLISH FLAG PATTERN BO SL 250 TARGET 270/280/299Longby Plsubhedar0
Petronet - Intraday Trade SetupPetronet CMP - 254.25 Looking very bullish. One can go for Intraday / Swing Trade setup with the following entry, exit & targets Buy at or Above 256 / Stop Loss 250 Target 1 - 259 Target 2 - 262 Target 3 - 265 / 268 Disclaimer: This is my view and for educational purpose only.Longby rafeahmed111
Classic Double Bottom Patten on PetronetYou can see classic W/double bottom pattern on petronet daily chart at 68.2 Fibonacci retracement level. Classic case of going long on petronet. Target of 279 and 322 for medium and long termLongby KapilVaish0
Petronet NG - Intraday Trade SetupPetronet CMP - 229.70 Looking bearish in daily time frame. One can go for sell with the following entry, exit & targets Sell at or above - 228.50 - 227 / Stop Loss 235 Target 1 - 225 Target 2 - 221 Target 3 – 218 / 215 Also, we can 220 PE OCT CMP - 0.35 contract will be a good buy for quick profits. Target will be 0.70 / 0.90 /1 + Disclaimer: This is my view and for educational purpose only. Shortby rafeahmed0
#PetronetLNGPetronet LNG is coming out of FWP in W TF. Price is giving fantastic move already. We might see more upsides in coming days.Longby chauhandhanesh0
PETRONET , gave 1.95% intra day profitANALYSIS / TRADE BASED ON : 1. PRICE ACTION 2. TREND LINE 3. FIBO ACTION 4. PURE PRICE ACTIONLongby FINNstocks252
PETRONET 15M - Look for Bearish MovePetronet 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.Shortby MohammadHaneefAhmad0
Petro Net long in the zone if u find .... mind it if u find reversal confirmation only than Longby Ankitt_9993
LongHammer at previous month support with high volume. SL 225, target 265. Risk:Reward =1:3by engineersinghymca0
PETRONET LNGPETRONET 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 here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************by akkshay11Updated 113
Petronet - Bullish View - Expecting price will come to 315Petronet - Bullish View - Expecting price will come to 315Longby lonetechnicalanalystUpdated 0
Petronet can give breakout as its trading near 200dma tooPetronet can give breakout as its trading near 200dma tooLongby AsifHussain9991
Petronet looking bearishPetronet 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.Shortby kaladharand0
PETRONET daily demandpetronet is better comparativly other OIL marketing companies with good dividend around 5 %Longby financial_freedom_with_guna0
petronet in triangle 4hr wait for breakoutpetronet in triangle 4hr wait for breakoutby AsifHussain9990