Stock Radar: Breakout from falling trendline resistance makes Petronet LNG an attractive buy; here’s why
- Posted on October 6, 2024
- By Business News Today
- 1 Views
Stock Radar: Breakout from falling trendline resistance makes Petronet LNG an attractive buy; here’s why
Petronet LNG has regained strength after retesting support at Rs 320 and reclaiming its 50-DMA. Current technical indicators show potential for short-term gains, with experts suggesting a possible target above Rs 400 in 1-2 months. The stock’s upward breakout signals renewed momentum.
