2024-06-12 10:14:10 am | Source: Religare Broking Ltd
Stock of the day : Petronet LNG Ltd For Target Rs. 331 - Religare Broking Ltd
Petronet LNG Ltd
* PETRONET has been in a strong uptrend from last many weeks and currently trading around the record high levels.
* The stock has been forming base on base pattern holding above its short term moving average suggests momentum in place.
* Following price action and bullish signal in the momentum indicator, price looks set to resume its prior trend.
* Traders can consider fresh longs in the mentioned range.
Buy Petronet LNG Ltd CMP 315.25 Range 314-316 SL 307; Target 331
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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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