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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 2024-08-08 View latest technical analysis

10 day averaged volume of Petronet Lng is 5949825

Date	Daily Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	364.00	367.00	367.70	361.80	0.591 times
07 Wed Aug 2024	363.35	360.00	366.35	358.65	1.036 times
06 Tue Aug 2024	356.85	356.95	365.70	355.20	0.759 times
05 Mon Aug 2024	355.60	354.00	363.10	350.50	0.652 times
02 Fri Aug 2024	362.40	364.65	366.60	360.25	0.282 times
01 Thu Aug 2024	367.75	371.90	372.90	364.30	1.02 times
31 Wed Jul 2024	368.50	364.90	373.20	364.05	0.891 times
30 Tue Jul 2024	363.05	370.90	376.45	362.20	0.841 times
29 Mon Jul 2024	370.85	370.95	374.40	367.65	0.737 times
26 Fri Jul 2024	372.40	368.40	377.95	366.55	1.24 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 366.8 as stoploss in an intra day sell trade for a target of 355.38. However, stock will show a bullish move above 366.8.

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	253.40
Downside Target	262.20
Downside Target	291.40
Downside Target	318.75
Downside Target	329.90
Downside Target	350.50
Downside Target	355.75
Downside Target	360.25
Upside Target	367.70
Upside Target	372.90
Upside Target	376.45
Upside Target	377.95

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	353.77
Downside Intraday Target	343.53
Upside Intraday Target	370.97
Upside Intraday Target	377.93
Downside Intraday Target	360.73

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Thu Aug 2024	364.00	354.00	367.70	350.50	0.806 times
02 Fri Aug 2024	362.40	370.95	376.45	360.25	0.469 times
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

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
08 Thu Aug 2024	364.00	371.90	372.90	350.50	0.216 times
31 Wed Jul 2024	368.50	333.00	377.95	321.20	1.003 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

Scroll below to view daily charts

Price has moved down 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 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.

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 tired and bears are picking up momentum.

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 but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 365.3 and Petronet Lng (PETRONET) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.