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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 2024-07-24 View latest technical analysis

10 day averaged volume of Petronet Lng is 4909814

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	350.60	333.60	358.35	333.60	2.619 times
23 Tue Jul 2024	333.55	343.80	347.80	329.90	1.333 times
22 Mon Jul 2024	341.35	342.30	344.10	335.50	1.198 times
19 Fri Jul 2024	342.90	346.55	346.70	338.90	0.69 times
18 Thu Jul 2024	347.05	351.50	353.10	343.80	0.783 times
16 Tue Jul 2024	351.40	352.65	355.75	348.45	0.992 times
15 Mon Jul 2024	349.90	341.45	350.70	338.25	1.326 times
12 Fri Jul 2024	339.05	340.80	342.55	335.65	1.42 times
11 Thu Jul 2024	341.65	333.85	343.00	332.70	1.035 times
10 Wed Jul 2024	332.80	334.60	335.00	321.20	0.479 times

Stock of Petronet Lng (PETRONET) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 346.1, but if it comes below 346.1, then a intra day sell could be more profitable.
If you take a sell trade below 346.1, then use 346.1 as stoploss and 337.03 as target. However if you take a buy trade in stock , then use 346.1 as stoploss and 357 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	314.00
Downside Target	329.90
Downside Target	334.05
Downside Target	338.25
Downside Target	341.00
Downside Target	343.00
Upside Target	355.75
Upside Target	358.35

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	334.22
Downside Intraday Target	317.83
Upside Intraday Target	362.67
Upside Intraday Target	374.73
Downside Intraday Target	346.28

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	350.60	342.30	358.35	329.90	1.359 times
19 Fri Jul 2024	342.90	341.45	355.75	338.25	0.931 times
12 Fri Jul 2024	339.05	337.05	343.00	321.20	1.083 times
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

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
24 Wed Jul 2024	350.60	333.00	358.35	321.20	0.691 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Petronet Lng in short term but the sell signal is initial and weak.

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

Petronet Lng Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 344.18 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.