CLOSED

PETRONET
Stoploss Triggered

252 -1.79%
Close Price
(2021-03-05 08:40:00)
256.6
Entry Price
(2021-03-04 12:25:00)
270
Target Price
 
252
Stoploss
 
Enter at below 256.85 | Created on 2021-03-04 06:51:35 and valid till 2021-05-12 18:30:00

Trade rationale

Trendlines

The NIFTY PSE index is around its 16-17 months high and any further move can generate better thrust chartically. Petronet chart has been in line with Nifty PSE indeex, and continous uptrend can be seen as shown in the chart, makes the risk reward at this level attractive. The volumes too confirm it.