Sell Petronet LNG, says Hemen Kapadia

Sell Petronet LNG, says Hemen Kapadia, chartpundit.com.

Kapadia told CNBC-TV18, "I would like to recommend a sell on is Petronet LNG. The stock is looking heavy from a short-term point of view, not only is it overbought in fact the momentum indicators signaling a sell that too after reflecting negative divergence in the sense that the stock has made a new high, while the mechanical indicators have made a lower top and has signaled a sell.