Petronet Lng Weekly Outlook and Analysis:

For the Week: (July 31, 2023 – August 04, 2023)

Petronet Lng closed the previous week on a negative note losing 3.26%

Technically, Petronet Lng share price will see immediate support at 224.50 and immediate resistance would be seen at 232.00

If Petronet Lng share price closes below immediate support of 224.50, then sharp breakdown can be seen. Petronet Lng share price will see major support at 219.80 for the week.

On the positive side, immediate resistance will be seen at 232.00. Closing above 232.00, Petronet Lng share price will see a sharp breakout. Major resistance for Petronet Lng share price will be seen at 234.80 for the week.

Trading range for Petronet Lng share price for this week should be between 217.00 on down side and 239.50 on up side.

Petronet Lng Previous Week High: 230.1

Petronet Lng Previous Week Low: 222.6

Petronet Lng Previous Week Range: 7.5 Points

Petronet Lng share price support and resistance for the week (July 31, 2023 – August 04, 2023)