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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 2024-11-04 View latest technical analysis

10 day averaged volume of Petronet Lng is 2301400

Date	Daily Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	333.15	337.60	341.10	332.05	2.203 times
01 Fri Nov 2024	335.90	334.00	336.90	333.95	0.052 times
31 Thu Oct 2024	333.00	330.00	334.70	326.90	1.217 times
30 Wed Oct 2024	330.95	333.00	334.90	329.80	0.672 times
29 Tue Oct 2024	334.35	334.30	335.00	325.20	0.835 times
28 Mon Oct 2024	331.45	335.10	338.75	324.40	1.193 times
25 Fri Oct 2024	337.55	335.00	344.60	333.30	1.852 times
24 Thu Oct 2024	338.55	345.00	356.80	336.30	0.824 times
23 Wed Oct 2024	345.05	344.50	348.55	335.55	1.319 times
22 Tue Oct 2024	345.85	347.00	350.90	345.05	1.375 times

Stock of Petronet Lng (PETRONET) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 335.6, but if it comes above 335.6, then a intra day buy could be more profitable.
If you take a sell trade below 335.6, then use 335.6 as stoploss and 324.9 as target. However if you take a buy trade in stock , then use 335.6 as stoploss and 344.57 as target.

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	319.80
Downside Target	332.05
Upside Target	343.85
Upside Target	350.50
Upside Target	356.80
Upside Target	361.40
Upside Target	361.80
Upside Target	368.65
Upside Target	372.25
Upside Target	377.95
Upside Target	384.20

Intraday share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Intraday Target	329.77
Downside Intraday Target	326.38
Upside Intraday Target	338.82
Upside Intraday Target	344.48
Upside Intraday Target	335.43

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Mon Nov 2024	333.15	337.60	341.10	332.05	0.555 times
01 Fri Nov 2024	335.90	335.10	338.75	324.40	0.658 times
25 Fri Oct 2024	337.55	348.00	356.80	333.30	1.059 times
18 Fri Oct 2024	349.45	356.00	361.40	342.85	1.021 times
11 Fri Oct 2024	355.15	361.40	361.80	343.85	0.378 times

Price has moved down 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
04 Mon Nov 2024	333.15	334.00	341.10	332.05	0.065 times
31 Thu Oct 2024	333.00	342.65	368.65	324.40	1.119 times
30 Mon Sep 2024	341.55	369.00	372.25	319.80	1.029 times
30 Fri Aug 2024	367.30	371.90	384.20	350.50	0.579 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 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 to mid 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 mid to longer 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.

ADX buy sell signal for Petronet Lng stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Petronet Lng in short term and the sell signal is strong.

Petronet Lng Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Petronet Lng in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 336.89 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.