Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-19 View latest technical analysis

10 day averaged volume of Petronet Lng is 3393910

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	375.45	370.00	380.45	370.00	0.86 times
16 Fri Aug 2024	370.90	367.50	373.00	366.10	0.616 times
14 Wed Aug 2024	364.35	368.00	370.30	363.00	0.874 times
13 Tue Aug 2024	368.10	375.00	375.30	367.05	0.796 times
12 Mon Aug 2024	373.70	364.35	375.60	361.85	1.056 times
09 Fri Aug 2024	366.70	366.00	370.75	364.85	0.839 times
08 Thu Aug 2024	364.00	367.00	367.70	361.80	1.036 times
07 Wed Aug 2024	363.35	360.00	366.35	358.65	1.816 times
06 Tue Aug 2024	356.85	356.95	365.70	355.20	1.331 times
05 Mon Aug 2024	355.60	354.00	363.10	350.50	1.143 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 373.1, but if it comes below 373.1, then a intra day sell could be more profitable.
If you take a sell trade below 373.1, then use 373.1 as stoploss and 362.74 as target. However if you take a buy trade in stock , then use 373.1 as stoploss and 385.6 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	318.75
Downside Target	329.90
Downside Target	350.50
Downside Target	360.25
Downside Target	370.00
Upside Target	375.60
Upside Target	376.45
Upside Target	377.95
Upside Target	380.45

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	370.15
Downside Intraday Target	364.85
Upside Intraday Target	380.6
Upside Intraday Target	385.75
Downside Intraday Target	375.3

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	375.45	370.00	380.45	370.00	0.257 times
16 Fri Aug 2024	370.90	364.35	375.60	361.85	0.542 times
09 Fri Aug 2024	366.70	354.00	370.75	350.50	0.933 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

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
19 Mon Aug 2024	375.45	371.90	380.45	350.50	0.359 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 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 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 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 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 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 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 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 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 364.95 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.