Published on 17/03/2017 9:45:49 AM | Source: Religare Securities Ltd

Derivative Ideas Petronet LNG Ltd For Target Rs.415.00 - Religare Sec

Posted in Broking Firm Views - Short Term Report | #Petronet LNG Ltd #Oil and Gas Sector #Trading Report #Religare Securities Ltd


Derivative Ideas

PETRONET added around 1.3% of open interest as long positions. On charts, it has created a buying pivot on multiple time frames. it is also trading above important short term as well as long term moving averages on charts in higher highs—higher lows formation. We recommend buying PETRONET Mar futs as per levels mentioned below.

 

Strategy:

BUY PETRONET MARCH FUTS BETWEEN 390-392, SL 383, TARGET 415.

 

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