Petronet - awaiting for breakout
After big fall, Petronet has trading in support zone. Given triangle breakout and back to back day volume, awaiting for breakout.
After cross 204 -205 Resistance zone, we can expect sharp move towards 240 levels.
Stop loss should be below support zone 192 levels.
We can expect 1:2 RR ratio.
After cross 204 -205 Resistance zone, we can expect sharp move towards 240 levels.
Stop loss should be below support zone 192 levels.
We can expect 1:2 RR ratio.
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