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(PETRONET) Petronet Lng complete technical analysis [charts+indicators] | Buy/Sell Petronet Lng | (PETRONET) share price targets

Complete technical analysis of Petronet Lng (PETRONET) by charts plus indicators, forecast predictions and share price targets for Petronet Lng (PETRONET)

Petronet Lng trades in NSE in Oil Marketing & Distribution sector.

Showing technical analysis as on 2024-07-05 View latest technical analysis

10 day averaged volume of Petronet Lng is 5493173

Date	Daily Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	337.40	332.10	338.90	332.10	0.567 times
04 Thu Jul 2024	332.10	333.00	335.95	330.55	0.504 times
03 Wed Jul 2024	333.95	337.90	337.90	330.25	0.547 times
02 Tue Jul 2024	336.30	334.00	341.00	333.50	0.862 times
01 Mon Jul 2024	333.80	333.00	335.65	331.20	0.88 times
28 Fri Jun 2024	330.25	322.90	333.60	322.00	1.399 times
27 Thu Jun 2024	320.00	316.95	321.90	315.40	0.736 times
26 Wed Jun 2024	314.75	318.90	320.35	314.00	0.598 times
25 Tue Jun 2024	318.20	325.00	334.05	317.35	1.78 times
24 Mon Jun 2024	324.30	320.05	329.00	317.35	1.312 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 331.6, but if it comes below 331.6, then a intra day sell could be more profitable.
If you take a sell trade below 331.6, then use 331.6 as stoploss and 321.47 as target. However if you take a buy trade in stock , then use 331.6 as stoploss and 343.7 as target.

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	253.40
Downside Target	262.20
Downside Target	291.40
Downside Target	301.15
Downside Target	307.65
Downside Target	314.00
Downside Target	327.85
Downside Target	330.25
Downside Target	334.05
Upside Target	341.00

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	331.43
Downside Intraday Target	325.47
Upside Intraday Target	342.18
Upside Intraday Target	346.97
Downside Intraday Target	336.22

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	337.40	333.00	341.00	330.25	0.577 times
28 Fri Jun 2024	330.25	320.05	334.05	314.00	1.604 times
21 Fri Jun 2024	320.25	324.10	324.60	307.65	0.656 times
14 Fri Jun 2024	323.90	302.00	327.85	301.15	0.827 times
07 Fri Jun 2024	301.25	309.30	317.70	253.40	1.291 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Petronet Lng (PETRONET)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Fri Jul 2024	337.40	333.00	341.00	330.25	0.155 times
28 Fri Jun 2024	330.25	309.30	334.05	253.40	0.899 times
31 Fri May 2024	297.35	310.50	323.15	291.40	0.704 times
30 Tue Apr 2024	310.55	263.55	318.75	262.20	2.216 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Petronet Lng (PETRONET)

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Petronet Lng ( (PETRONET) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Petronet Lng stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Petronet Lng in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Petronet Lng Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Petronet Lng in short term and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Petronet Lng is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 326.9 and Petronet Lng (PETRONET) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Petronet Lng (PETRONET) stock. Volume based technical analysis of Petronet Lng (PETRONET) stock is negative.

Petronet Lng Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.