PETRONET Outlook for the Week (November 18, 2024 – November 22, 2024)
Petronet LNG closed the previous week on a negative note losing -4.02%.
Technically, Petronet LNG share price will see immediate support at 307.58 and immediate resistance would be seen at 325.28.
If Petronet LNG share price closes below immediate support of 307.58, then sharp breakdown can be seen. Petronet LNG share price will see major support at 301.32 for the week.
On the positive side, immediate resistance will be seen at 325.28. Closing above 325.28, Petronet LNG share price will see a sharp breakout. Major resistance for Petronet LNG share price will be seen at 336.72 for the week.
Trading range for Petronet LNG share price for this week should be between 289.88 on down side and 342.98 on up side.
Petronet LNG Previous Week Open: 327
Petronet LNG Previous Week High: 330.45
Petronet LNG Previous Week Low: 312.75
Petronet LNG Previous Week Close: 313.85
Petronet LNG Previous Week Range: 17.7 Points
Petronet LNG share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 342.98 |
| Resistance 2 | 336.72 |
| Resistance 1 | 325.28 |
| Support 1 | 307.58 |
| Support 2 | 301.32 |
| Support 3 | 289.88 |
