BullFO

2021 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
16 Wed Jun 230.45 233.15 234.15 230.10 45.54 lakhs
15 Tue Jun 233.15 233.60 235.15 232.40 43.21 lakhs
14 Mon Jun 232.75 233.75 233.75 229.10 53.49 lakhs
11 Fri Jun 231.75 233.95 233.95 230.20 70.2 lakhs
10 Thu Jun 232.60 230.00 233.45 226.75 180.82 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 232.3, but if it comes above 232.3, then a intra day buy could be more profitable.
If you take a sell trade below 232.3, then use 232.3 as stoploss and 225.3 as target. However if you take a buy trade in stock , then use 232.3 as stoploss and 238.17 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Petronet Lng

Stock is trading at 230.05 as on 17 Thu Jun 11:05

Day open is at 230.00, day high is at 231.05, day low is at 228.75, and day volume is at 185.77 lakhs so far.

First 15 minute high low range is 228.75 - 230.25

First hour high low range is 228.75 - 230.75

Date Intraday Price Open High Low Volume
17 Thu Jun 11:05 230.05 230.00 231.05 228.75 1220682
17 Thu Jun 11:00 229.85 230.00 231.05 228.75 1202758
17 Thu Jun 10:55 230.15 230.00 231.05 228.75 1144410
17 Thu Jun 10:50 230.20 230.00 231.05 228.75 1118882
17 Thu Jun 10:45 230.60 230.00 231.05 228.75 1059613
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: 229.5 or 231.2
  • Upside target: 230.25
  • Downside target : 227.25
  • Second Upside target: 232.3
  • Second Downside target : 228.25

Petronet Lng (PETRONET) weekly technical analysis

Date Weekly Close Open Range Volume
16 Wed Jun 230.45 233.75 229.10
235.15
142.239 lakhs
11 Fri Jun 231.75 246.00 226.75
252.20
614.853 lakhs
04 Fri Jun 244.95 241.05 238.40
248.00
235.992 lakhs
28 Fri May 240.80 238.40 234.00
243.70
283.935 lakhs
21 Fri May 236.55 243.10 235.60
245.25
119.183 lakhs
weekly PETRONET chart

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

Weekly Price action analysis of Petronet Lng 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.

Weekly Price action analysis of Petronet Lng based on a short to mid term time period is

Petronet Lng (PETRONET) Monthly technical analysis

Date Monthly Close Open Range Volume
16 Wed Jun 230.45 244.50 226.75
252.20
925.125 lakhs
31 Mon May 241.45 236.00 234.00
249.70
686.534 lakhs
30 Fri Apr 239.95 226.80 214.50
243.65
693.286 lakhs
31 Wed Mar 224.65 259.10 220.00
260.50
771.215 lakhs
26 Fri Feb 255.15 239.20 234.70
260.95
1197.739 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Monthly Price action analysis of Petronet Lng based on a short to mid term time period is

Petronet Lng Daily stock price targets

  • Upside daily target: 252.15
  • Upside daily target: 237.35
  • Downside daily target: 217.95

Petronet Lng Weekly stock price targets

  • Upside weekly target: 251.28
  • Upside weekly target: 239.03
  • Downside weekly target: 226.75
  • Downside weekly target: 214.63

Petronet Lng Monthly stock price targets

  • Upside monthly target: 278.13
  • Upside monthly target: 259.75
  • Upside monthly target: 245.93
  • Upside monthly target: 234.04
  • Downside monthly target: 221.41
  • Downside monthly target: 202.08

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 gaining 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above 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 SELL signal in short term but selling 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 233.73 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