PETRONET LNG Breakout Coming? 🚀 Exact Entry, Stoploss & 1 Week Target | BTST Trading Strategy

 

📈 PETRONET LNG (PETRONET) — BTST & 1 Week Swing Analysis

Daily Chart | Trendline Breakout Watch | Entry • Target • Stoploss

📊 Technical Observation

• Stock has recovered strongly from the recent swing low.
• Price is approaching and slightly attempting breakout above descending trendline resistance.
• Volume is improving which supports short-term bullish momentum.
• Breakout confirmation still required above nearby resistance.

🟢 BTST (Buy Today Sell Tomorrow)

Entry	Stoploss	Exit Zone	Targets
₹282–₹284	₹274	₹289–₹292	₹288 → ₹292 → ₹298

✅ Book 50% near ₹288
✅ Trail stoploss after crossing ₹290

🚀 1 Week Swing Setup

Strong continuation only if daily close sustains above:

₹285 Breakout Level

Entry	Stoploss	Targets
Above ₹285	₹272	₹295 → ₹305 → ₹318

🔻 Bearish Alternate Scenario

If stock closes below ₹274, bullish setup weakens.

• Support → ₹268
• Next Support → ₹258
• Major Support → ₹248

📌 Quick Trade Summary

Trade Type	Entry	Stoploss	Target
BTST	₹282–₹284	₹274	₹288 → ₹298
1 Week Swing	Above ₹285	₹272	₹295 → ₹318

📈 Overall Bias: BULLISH ABOVE ₹285

Disclaimer: Educational chart analysis based on uploaded chart. Not investment advice.