As posted a few days back, the broader market has done a smart comeback from the bottom levels of 19130.
A stock in observation from the past 2 months is Petronet LNG (CMP Rs.129.5)
A triangle pattern was forming and it has given a huge breakout today with spurt in volumes (see chart)
Also the MACD crossover is beginning for the stock.
A potential upside upto target price Rs. 138 in next 4-5 trading sessions is what is expected.
A stoploss at 120 is recommended
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