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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 2024-08-22 View latest technical analysis

10 day averaged volume of Petronet Lng is 3580549

Date	Daily Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	381.20	379.60	382.50	377.70	0.628 times
21 Wed Aug 2024	377.60	384.00	384.20	375.05	1.549 times
20 Tue Aug 2024	378.40	375.85	381.80	375.85	0.97 times
19 Mon Aug 2024	375.45	370.00	380.45	370.00	0.815 times
16 Fri Aug 2024	370.90	367.50	373.00	366.10	0.584 times
14 Wed Aug 2024	364.35	368.00	370.30	363.00	0.828 times
13 Tue Aug 2024	368.10	375.00	375.30	367.05	0.754 times
12 Mon Aug 2024	373.70	364.35	375.60	361.85	1.001 times
09 Fri Aug 2024	366.70	366.00	370.75	364.85	0.795 times
08 Thu Aug 2024	364.00	367.00	367.70	361.80	0.982 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 383, for a target of 375 or 368.33

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
Downside Target	375.60
Downside Target	376.45
Downside Target	377.95
Upside Target	384.20

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	372.73
Downside Intraday Target	364.27
Upside Intraday Target	386.93
Upside Intraday Target	392.67
Downside Intraday Target	378.47

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Thu Aug 2024	381.20	370.00	384.20	370.00	1.252 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
22 Thu Aug 2024	381.20	371.90	384.20	350.50	0.453 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 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 losing 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 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 372.36 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.