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Discovering Opportunities | PETRONET Chat Patterns | 38% Profits

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The PETRONET stock chart is looking good for buying right now. It had a V shape recovery, hitting the lowest point at 190 and now going up to 220 as of writing this article (10:00 AM IST, 28th December). Looking back, when the chart pattern is like this, it usually goes up, and this stock might reach its highest price ever. It made a record profit of 3403 Crores recently, and about 90% of the stock is held by strong hands like promoters, foreign institutional investors (FII), and domestic institutional investors (DII). In my opinion, if this stock has to… Read More »Discovering Opportunities | PETRONET Chat Patterns | 38% Profits

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Exploring Potential Opportunities: REC Limited Chart Patterns Point to a Favorable Entry at INR 399 for a 12% Profit in the Next 12 Months

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The chart patterns of REC Limited suggest a potential entry point at INR 399, according to the stochastic indicator. This level could be favorable for purchasing with the objective of a 5% profit within the next 12 months. The stochastic indicator can be a useful tool for gauging entry and exit levels. In the event of a downward movement, I would consider averaging down to hold until the desired profit is attained. I’d appreciate your thoughts on this; please share them in the comments section. Cheers Srikanth

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