PETRONET has closed at 195.35. Consecutively on the
third day, we found a stock which has given a breakout. Please have a look at
the chart below to see the breakout. We have a policy to take every chance to
trade the breakout. Those who are not comfortable with a position in F&O,
can opt for a position in
cash segment with a small quantity. The levels given here are according to the
F&O segment; please adjust the rate difference for cash trading
accordingly. One can initiate a long position in this stock for the targets of 201
and 207. A closing basis Stop Loss must be maintained at 187.
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