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Petronet Lng closed the previous week on a negative note losing 4.11%.Technically, Petronet Lng share price will see immediate support at 221.85 and immediate resistance would be seen at 231.45.
If Petronet Lng share price closes below immediate support of 221.85, then sharp breakdown can be seen. Petronet Lng share price will see major support at 218.20 for the week.
On the positive side, immediate resistance will be seen at 231.45. Closing above 231.45, Petronet Lng share price will see a sharp breakout. Major resistance for Petronet Lng share price will be seen at 237.40 for the week.
Trading range for Petronet Lng share price for this week should be between 212.25 on down side and 241.05 on up side.
Petronet Lng Previous Week High: 233.75
Petronet Lng Previous Week Low: 224.15
Petronet Lng Previous Week Range: 9.6 Points
Petronet Lng share price support and resistance for the week (August 14, 2023 – August 18, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 241.05 |
| Resistance 2 | 237.40 |
| Resistance 1 | 231.45 |
| Support 1 | 221.85 |
| Support 2 | 218.20 |
| Support 3 | 212.25 |
