Petronet share price forecast, stock finding resistance at its 52 weeks high @ 231.

Petronet share price forecast, stock finding resistance at its 52 weeks high @ 231.
petronet share price forecast

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Stock yesterday closed at its previous top resistance @ 231. Further bulls action expecting once stock closes and holds above its resistance zone. If fails to holds above then correction expecting in coming days. Visit this page for free Petronet stock analysis. Also visit link for more technical charts

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Petronet stock analysis, stock closed below its trend line will find next support @ 201.50.
Petronet stock analysis

Stock witnessing selling pressure after it closed below its trend line support zone (as shown in previous analysis). Technical chart indicates if Petronet falls further then it will find next strong support around 201.50. Visit this page for free Petronet stock analysis. You might be interested in reading Zee Entertainment stock recommendation.

Share price of Petronet LNG today trading with a loss of Rs. 1.10 (-0.53%) at Rs.205.10 at NSE at 10:21 am. Stock opened 207, intraday high 207.45 and intraday low 206.20. Total traded volumes were 377343. Stock was on news few days back. Petronet’s LNG terminal in Kochi is operating at about 10% capacity because GAIL India couldn’t complete its Kochi-Mangalore gas pipeline because of resistance from land owners. Complete story here.

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Petronet stock analysis, stock finding support @ 206.
Petronet stock analysis

Stock witnessed selling pressure after breaking its trend line support @ 210. After holding below 210 stock touched an intraday low of 206.10 at NSE. Current chart indicates that stock failed to close below its next trend line support as shown in above image. Further bears action expecting once stock closes and holds below 206. As long as it stays above bounce back expecting. Visit this page for free Petronet stock analysis. You might be interested in reading Century textiles share price forecast.

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Stock yesterday (17-07-17) closed with loss of Rs. 1.65 (-0.78%) at Rs. 209.15. Share price of Petronet opened 210.80, made an intraday high 211.65 and low of 206.10. Total traded volume 4718336.

Stock analyst Mitessh Thakkar gave a sell call on Petronet LNG with a stop loss of 216 and target given 200. More report can be find here,


Petronet stock analysis, stock will find support @ 210.
petronet stock analysis

Technical chart indicates that stock stuck in range bound zone from last few weeks, stock trend is mix with no clear direction. Stock is now going to test its support @ 210. Further weakness expecting once stock closes and hods below its support zone. Intrday we can see some weakness once it holds below 210, close watch. If stock fails to holds below and bounces back then we again see some mix trend movement in Petronet. Visit this page for free Petronet stock analysis. You might be interested in reading Bharti Airtel technical chart.

For today’s trading Petronet LNG is trading weak, stock trading around 211.95 with a loss of Rs. 1.85 (-0.87) at 11:38 am. Share price of Petronet opened 215.50, made an intraday high 210.50 and low 210.55. Petronet 52 weeks high is 229.50 and 52 weeks low is 141.25. Total traded volume for today is 952015 (so far).