Wednesday, August 3, 2011

sell petronet at each swing high....futures closed at 172.30

petronet  is creating head and shoulder reversal pattern on chart...and all indicators are highly overbought  and  pointing to south only...
Sell petronet at each swing high...
Futures closed at 172.30 
possible targets  163   152  and 143 in less than 15 days...
book profit   exit from long positions and go short on  its futures
with stoploss as per ur risk...
sell at each high ...and book at each swing low...

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