Petronet, Breakout candidate

Though the stock has not participated in the bull run till now and has been in a trading range of 215-272. The stock has recently given a falling trendline breakout and has also managed to give a close above 200 MA. With improving utilisations at dahej and kochi facility it can give a decent move on the upside. Keep an eye for this stock.
Chart PatternsFundamental AnalysisTechnical Indicators

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