PETRONET Outlook for the Week (December 23, 2024 – December 27, 2024)
Petronet LNG closed the previous week on a negative note losing -1.19%.
Technically, Petronet LNG share price will see immediate support at 328.25 and immediate resistance would be seen at 344.15.
If Petronet LNG share price closes below immediate support of 328.25, then sharp breakdown can be seen. Petronet LNG share price will see major support at 320.05 for the week.
On the positive side, immediate resistance will be seen at 344.15. Closing above 344.15, Petronet LNG share price will see a sharp breakout. Major resistance for Petronet LNG share price will be seen at 351.85 for the week.
Trading range for Petronet LNG share price for this week should be between 312.35 on down side and 360.05 on up side.
Petronet LNG Previous Week Open: 340.5
Petronet LNG Previous Week High: 343.65
Petronet LNG Previous Week Low: 327.75
Petronet LNG Previous Week Close: 336.45
Petronet LNG Previous Week Range: 15.9 Points
Petronet LNG share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 360.05 |
| Resistance 2 | 351.85 |
| Resistance 1 | 344.15 |
| Support 1 | 328.25 |
| Support 2 | 320.05 |
| Support 3 | 312.35 |
