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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 2024-04-08 View latest technical analysis

10 day averaged volume of Petronet Lng is 5410414

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	281.00	278.00	283.40	277.20	0.616 times
05 Fri Apr 2024	277.65	276.80	278.95	272.80	0.622 times
04 Thu Apr 2024	275.75	284.05	285.90	273.00	1.06 times
03 Wed Apr 2024	282.85	273.50	287.65	272.60	2.079 times
02 Tue Apr 2024	272.80	267.40	273.50	265.90	0.777 times
01 Mon Apr 2024	265.40	263.55	269.05	262.20	0.779 times
28 Thu Mar 2024	263.20	264.50	268.40	261.05	0.788 times
27 Wed Mar 2024	263.75	266.70	269.90	263.05	0.544 times
26 Tue Mar 2024	265.55	259.35	268.80	257.75	1.621 times
22 Fri Mar 2024	259.35	258.65	261.25	256.30	0.769 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 277.2, but if it comes below 277.2, then a intra day sell could be more profitable.
If you take a sell trade below 277.2, then use 277.2 as stoploss and 269.29 as target. However if you take a buy trade in stock , then use 277.2 as stoploss and 286.7 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	277.20
Upside Target	283.30
Upside Target	283.40
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	277.67
Downside Intraday Target	274.33
Upside Intraday Target	283.87
Upside Intraday Target	286.73
Downside Intraday Target	280.53

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	281.00	278.00	283.40	277.20	0.116 times
05 Fri Apr 2024	277.65	263.55	287.65	262.20	1.801 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

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 Mon Apr 2024	281.00	263.55	287.65	262.20	0.378 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 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 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 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 but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 271.94 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.