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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 2024-04-03 View latest technical analysis

10 day averaged volume of Petronet Lng is 4233789

Date	Daily Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	282.85	273.50	287.65	272.60	2.657 times
02 Tue Apr 2024	272.80	267.40	273.50	265.90	0.993 times
01 Mon Apr 2024	265.40	263.55	269.05	262.20	0.995 times
28 Thu Mar 2024	263.20	264.50	268.40	261.05	1.007 times
27 Wed Mar 2024	263.75	266.70	269.90	263.05	0.695 times
26 Tue Mar 2024	265.55	259.35	268.80	257.75	2.072 times
22 Fri Mar 2024	259.35	258.65	261.25	256.30	0.983 times
21 Thu Mar 2024	258.65	261.05	263.65	257.35	1.226 times
20 Wed Mar 2024	261.75	263.80	264.30	257.70	0.557 times
19 Tue Mar 2024	261.65	261.55	265.15	259.40	0.945 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 281.4, but if it comes below 281.4, then a intra day sell could be more profitable.
If you take a sell trade below 281.4, then use 281.4 as stoploss and 270.97 as target. However if you take a buy trade in stock , then use 281.4 as stoploss and 293.9 as target.

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	200.75
Downside Target	222.50
Downside Target	255.60
Downside Target	280.30
Upside Target	283.30
Upside Target	284.55
Upside Target	287.65
Upside Target	294.00
Upside Target	296.45

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	267.48
Downside Intraday Target	252.12
Upside Intraday Target	292.93
Upside Intraday Target	303.02
Downside Intraday Target	277.57

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Wed Apr 2024	282.85	263.55	287.65	262.20	1.231 times
28 Thu Mar 2024	263.20	259.35	269.90	257.75	0.891 times
22 Fri Mar 2024	259.35	264.80	266.30	256.30	0.733 times
15 Fri Mar 2024	264.35	281.30	283.30	258.05	1.145 times
07 Thu Mar 2024	281.65	282.00	294.00	280.30	0.72 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
03 Wed Apr 2024	282.85	263.55	287.65	262.20	0.232 times
28 Thu Mar 2024	263.20	273.45	294.00	256.30	0.496 times
29 Thu Feb 2024	273.45	270.00	296.45	255.60	0.929 times
31 Wed Jan 2024	269.10	223.00	284.55	222.50	1.554 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 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 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 red color and prices are in or above the red 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 267.94 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.