NeeteshJain

Petronet LNG losing out - Bearish Deep Crab Pattern

Short
NSE:PETRONET   PETRONET LNG
It confirms a Bearish Deep Crab Pattern, and now I expect profit booking at this level and the price should hit the first target of 226 and then T2 213. Stoploss should be placed at 247.50. Duration to achieve target 1 is 3-5 days.

Good time to short this one.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.