Wednesday, April 1, 2015

EW Analysis On Petron Engg.

Shown above is the daily chart of Petron Engg. As we can see that in today's trading session the stock has given a breakout. Also, it has completed a perfect A-B-C correction on the downside which is clearly indicated on the charts. Therefore, I am expecting it to gear up for levels of 275 and one should maintain a stop loss below 248.(