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MARKET OUTLOOKPETRONETSTOCK OUTLOOK

Petronet Lng Outlook for the Week (May 13, 2024 – May 17, 2024)

Petronet Lng
Petronet Lng
Petronet Lng closed the previous week on a negative note losing 7.26%.

Technically, Petronet Lng share price will see immediate support at 289.83 and immediate resistance would be seen at 312.78.

If Petronet Lng share price closes below immediate support of 289.83, then sharp breakdown can be seen. Petronet Lng share price will see major support at 280.02 for the week.

On the positive side, immediate resistance will be seen at 312.78. Closing above 312.78, Petronet Lng share price will see a sharp breakout. Major resistance for Petronet Lng share price will be seen at 325.92 for the week.

Trading range for Petronet Lng share price for this week should be between 266.88 on down side and 335.73 on up side.

Petronet Lng Previous Week High: 316.1

Petronet Lng Previous Week Low: 293.15

Petronet Lng Previous Week Range: 22.95 Points

Petronet Lng share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 335.73
Resistance 2 325.92
Resistance 1 312.78
Support 1 289.83
Support 2 280.02
Support 3 266.88
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