Stock of the day : Petronet LNG Ltd For Target Rs.305 - Religare Broking
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
Petronet LNG Ltd
* PETRONET is trading sideways in a range after registering a breakout from the long corrective phase.
* The stock is consolidating above its short term moving average and 38.2 retracement line highlights inherent strength.
* Following price pattern and volumes activity, stock is expected to register a fresh breakout from the range and scale higher.
* We thus recommend creating fresh longs in the mentioned range.
Buy Petronet LNG Ltd CMP 288.55 Range 287-289 SL 280; Target 305
Please refer disclaimer at https://www.religareonline.com/disclaimer
SEBI Registration number is INZ000174330
