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PETRONET LNG Share Tips, Technical Analysis Chart, Intraday Stock Trading Graph Advice - Stock moving in a up channel patter and stuck in a range, will favor bulls once again once stock closes above 207.50. (Updated on 22nd September 2014, Monday).


PETRONET LNG




  • According to current Technical analysis chart no1, Petronet LNG is moving in a up channel formation, as long moves in between its pattern bulls will be favored.
  • As per chart no2, stock is also stuck in a range bound zone 207.50-189, as long as stock moving in its range trend will not be clear, once it comes out then sharp movement is expecting.
  • As per stock analysis chart no3, stock is also facing 161.8% fibonacci retracement resistance around 207.50, once stock closes and stays above 207.50 then  bulls will favored for next few trading days and on upper side will find next resistance around 227 its 261.8% fibonacci retracement.
    • Intraday stock tips - Close watch once Petronet starts trading above 207.50 during market hours , if holds above 207.50 then intraday bulls action is expecting.
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What is Intraday Tips ?

Q. What is Intraday Tips / Inraday Trading / Delivery trading.

A. There are basically two types of trading on stock market--
1- Delivery
2- Intraday

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

.