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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 2024-11-22 View latest technical analysis

10 day averaged volume of Petronet Lng is 2308678

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	323.60	320.50	324.95	319.70	0.671 times
21 Thu Nov 2024	321.85	316.90	323.00	312.20	1.715 times
19 Tue Nov 2024	313.95	311.10	318.75	311.10	0.478 times
18 Mon Nov 2024	311.75	313.85	315.05	308.85	0.715 times
14 Thu Nov 2024	313.85	313.00	318.45	312.95	1.356 times
13 Wed Nov 2024	314.85	323.00	323.00	312.75	0.994 times
12 Tue Nov 2024	322.70	326.30	328.55	320.85	0.739 times
11 Mon Nov 2024	326.95	327.00	330.45	326.30	0.71 times
08 Fri Nov 2024	328.90	339.00	341.95	326.50	1.424 times
07 Thu Nov 2024	346.70	347.95	349.90	343.80	0.877 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 319.1 as stoploss in an intra day buy trade for a target of 328.96. However, stock will show a bearish move below 319.1.

Share price targets for Petronet Lng (PETRONET)

Target Type	Value
Downside Target	308.85
Downside Target	319.80
Upside Target	338.75
Upside Target	349.90
Upside Target	350.50
Upside Target	356.80
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	313.32
Downside Intraday Target	303.03
Upside Intraday Target	329.42
Upside Intraday Target	335.23
Downside Intraday Target	319.13

Weekly technical analysis of Petronet Lng (PETRONET)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	323.60	313.85	324.95	308.85	0.942 times
14 Thu Nov 2024	313.85	327.00	330.45	312.75	0.61 times
08 Fri Nov 2024	328.90	337.60	349.90	326.50	1.574 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

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 Fri Nov 2024	323.60	334.00	349.90	308.85	0.396 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 down 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.

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 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 moving up

CCI has generated a buy signal for Petronet Lng in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 322.72 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 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 negative.

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