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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 2024-07-26 View latest technical analysis

10 day averaged volume of Petronet Lng is 7107473

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	372.40	368.40	377.95	366.55	1.038 times
25 Thu Jul 2024	365.35	344.60	367.90	342.35	2.128 times
24 Wed Jul 2024	350.60	333.60	358.35	333.60	1.809 times
23 Tue Jul 2024	333.55	343.80	347.80	329.90	0.921 times
22 Mon Jul 2024	341.35	342.30	344.10	335.50	0.828 times
19 Fri Jul 2024	342.90	346.55	346.70	338.90	0.476 times
18 Thu Jul 2024	347.05	351.50	353.10	343.80	0.541 times
16 Tue Jul 2024	351.40	352.65	355.75	348.45	0.685 times
15 Mon Jul 2024	349.90	341.45	350.70	338.25	0.916 times
12 Fri Jul 2024	339.05	340.80	342.55	335.65	0.981 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 366.2, for a target of 353.1 or 342.18

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
Downside Target	355.75
Upside Target	377.95

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	342.22
Downside Intraday Target	312.03
Upside Intraday Target	390.27
Upside Intraday Target	408.13
Downside Intraday Target	360.08

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	372.40	342.30	377.95	329.90	2.569 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Petronet Lng (PETRONET)

Date	Monthly Closing Price	Open	High	Low	Volume
26 Fri Jul 2024	372.40	333.00	377.95	321.20	0.88 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 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 term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 BUY signal in short term but buying is losing 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 351.92 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.