PETRONET Outlook for the Week (November 11, 2024 – November 15, 2024)
Petronet LNG closed the previous week on a negative note losing -2.58%.
Technically, Petronet LNG share price will see immediate support at 320.30 and immediate resistance would be seen at 343.70.
If Petronet LNG share price closes below immediate support of 320.30, then sharp breakdown can be seen. Petronet LNG share price will see major support at 311.70 for the week.
On the positive side, immediate resistance will be seen at 343.70. Closing above 343.70, Petronet LNG share price will see a sharp breakout. Major resistance for Petronet LNG share price will be seen at 358.50 for the week.
Trading range for Petronet LNG share price for this week should be between 296.90 on down side and 367.10 on up side.
Petronet LNG Previous Week Open: 337.6
Petronet LNG Previous Week High: 349.9
Petronet LNG Previous Week Low: 326.5
Petronet LNG Previous Week Close: 328.9
Petronet LNG Previous Week Range: 23.4 Points
Petronet LNG share price support and resistance for the week (November 11, 2024 - November 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 367.10 |
| Resistance 2 | 358.50 |
| Resistance 1 | 343.70 |
| Support 1 | 320.30 |
| Support 2 | 311.70 |
| Support 3 | 296.90 |
