Petronet ..momentum is over..volume is decreased..candles are giving reversal signal since last 2 sessions ..engulfing and DOJI ..today we observed bull trap at lowest weekly volume .. indicators are highly over bought...and pointing to south east ..best time to book profit and initiate short position ..for positional targets 163 158 152 145 in less than 30 days sl as per ur ur risk ...but play wid stop loss ...
see here too. http://www.moneycontrol.com/news/stocksviews/bulls-eye-12-trading-ideas-to-make-smart-gains_568513.html
see here too. http://www.moneycontrol.com/news/stocksviews/bulls-eye-12-trading-ideas-to-make-smart-gains_568513.html
