PETRONET - Breakout in Falling Wedge
Entry Zone- 342-332 (Trend line break of wedge)
Exit Zone - Based on Trader mindset. Exit 1 - 365
Exit 2- 385
Stoploss : Close below 326
Timeframe: Daily
Notes: Price consolidates since July 2024 and forming wedge pattern. Price breakout the wedge with good green candle on 11 December.
Exit Zone - Based on Trader mindset. Exit 1 - 365
Exit 2- 385
Stoploss : Close below 326
Timeframe: Daily
Notes: Price consolidates since July 2024 and forming wedge pattern. Price breakout the wedge with good green candle on 11 December.
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