BullFO

2022 Petronet Lng (PETRONET) technical analysis [forecast] stock price targets

Petronet Lng technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Petronet Lng deals in Oil Marketing & Distribution Petronet Lng option chain analysis

Date Close Open High Low Volume
27 Thu Jan 212.00 213.40 213.85 210.00 104.45 lakhs
25 Tue Jan 211.60 208.00 212.50 206.50 19.58 lakhs
24 Mon Jan 209.05 213.70 214.10 207.05 24.59 lakhs
21 Fri Jan 212.85 216.10 217.80 211.55 13.45 lakhs
20 Thu Jan 216.10 219.20 219.30 215.55 17.8 lakhs
PETRONET chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 213.9, but if it comes above 213.9, then a intra day buy could be more profitable.
If you take a sell trade below 213.9, then use 213.9 as stoploss and 207.7 as target. However if you take a buy trade in stock , then use 213.9 as stoploss and 219.09 as target.

  • Daily Price action analysis of PETRONET based on a short 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.

  • Daily Price action analysis of 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.

  • Daily Price action analysis of PETRONET based on a 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.

Intraday technical analysis of Petronet Lng

Stock is trading at 216.80 as on 28 Fri Jan 11:25

Day open is at 213.10, day high is at 218.20, day low is at 212.50, and day volume is at 131.83 lakhs so far.

First 15 minute high low range is 212.50 - 214.90

First hour high low range is 212.50 - 216.50

Date Intraday Price Open High Low Volume
28 Fri Jan 11:25 216.80 213.10 218.20 212.50 1594262
28 Fri Jan 11:20 216.25 213.10 218.20 212.50 1162621
28 Fri Jan 11:15 217.20 213.10 217.45 212.50 647774
28 Fri Jan 11:10 216.90 213.10 217.45 212.50 628846
28 Fri Jan 11:05 216.90 213.10 217.45 212.50 621857
Intraday PETRONET chart

Trend of Petronet Lng is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Petronet Lng (PETRONET) intraday stock price targets

  • EntEntry: 213.7 or 211.4625
  • Upside target: 214.9
  • Downside target : 210.1
  • Second Upside target: 212.93
  • Second Downside target : 209.08

Petronet Lng (PETRONET) weekly technical analysis

Date Weekly Close Open Range Volume
27 Thu Jan 212.00 213.70 206.50
214.10
148.618 lakhs
21 Fri Jan 212.85 226.15 211.55
226.75
75.746 lakhs
14 Fri Jan 226.15 223.00 222.50
227.90
96.889 lakhs
07 Fri Jan 222.30 216.45 216.45
223.00
71.821 lakhs
31 Fri Dec 216.40 215.20 213.55
220.30
38.597 lakhs
weekly PETRONET chart

Weekly forecast of Petronet Lng is positive. Buyers dominated the stock this week, and this trend might continue for a few days

Weekly Price action analysis of Petronet Lng based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Weekly Price action analysis of Petronet Lng 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.

Petronet Lng (PETRONET) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Thu Jan 212.00 216.45 206.50
227.90
393.074 lakhs
31 Fri Dec 216.40 220.50 209.65
230.30
304.791 lakhs
30 Tue Nov 219.85 229.90 215.20
239.35
511.581 lakhs
29 Fri Oct 229.55 236.00 227.00
243.55
742.437 lakhs
30 Thu Sep 238.55 227.60 226.35
242.90
689.763 lakhs
monthly PETRONET chart

Monthly forecast of Petronet Lng is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Petronet Lng based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Monthly Price action analysis of Petronet Lng based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Petronet Lng Daily stock price targets

  • Upside daily target: 227.98
  • Upside daily target: 216.63
  • Downside daily target: 204.53

Petronet Lng Weekly stock price targets

  • Upside weekly target: 233.25
  • Upside weekly target: 221.73
  • Downside weekly target: 209.78

Petronet Lng Monthly stock price targets

  • Upside monthly target: 256.38
  • Upside monthly target: 243.71
  • Upside monthly target: 231.78
  • Upside monthly target: 220
  • Downside monthly target: 205.45

Petronet Lng (PETRONET) indicators technical analysis

Price action analysis of Petronet Lng (PETRONET) based on a short 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 Strong 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 in or above 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 214.95 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 negative.

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

Related companies

Quick Charts: Daily Charts Long term Charts Weekly Charts Monthly Charts Renko Charts PNF Charts

chart PETRONET