1. Petronet lng on weekly chart it took support on positive divergence and formed a spinning top kind of candle, which is an indication for trend reversal.
2. Risk takers can go long while crossing previous week high with strict stop loss.
3. Others can wait for the candle to close above previous week high and go for long.
4. Levels are marked on the chart. If you have any other opinion or different approach pls feel free to comment so that we can rectify.
This is purely for Educational purpose, before investing pls do your own analysis or consult your financial advisor.
Thanks!!
2. Risk takers can go long while crossing previous week high with strict stop loss.
3. Others can wait for the candle to close above previous week high and go for long.
4. Levels are marked on the chart. If you have any other opinion or different approach pls feel free to comment so that we can rectify.
This is purely for Educational purpose, before investing pls do your own analysis or consult your financial advisor.
Thanks!!