Petronet share price chart and stock forecast - Stock moving in a range bound zone and finding support around 237.50 - updated for 28th December 2015, Monday


Petronet share price chart indicates that it is moving in a range bound zone technical indicates as long as it moves in between its range trend will be mix with no clear direction, sharp movement can be seen once it comes out from its range bound pattern.

Upper side Petronet will find resistance around 247.50 and support around 237.50.

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Above technical image also indicates that it is finding 20 dma support from bollinger band this indicates as long as stock holds above 20 DMA line bulls will be favored and bears will be favored once it starts trading below 20 DMA.

Stock trend indicator is moving in -ve zone this indicates as long as they stays -ve weakness can be seen in coming days.

On December 24 Petronent LNG share price closed at 240.55.

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A. There are basically two types of trading on stock market--
1- Delivery
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Delivery trading is one in which shares are bought and can only be sold after they are delivered by the broker.that means that they cannot be sold the same day , and delivery takes two to three days after they are bought and then they are ready to be sold.

Intraday trading which takes place for that very particular day and there is no delivery..they can be bought and sold the same day...and are automatically sold at the end of the trading session if you have not sold it by yourself during the trading session. The person who suggest such types of forecast is called

Intraday Tips