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MARKET OUTLOOKPETRONETSTOCK OUTLOOK

Petronet Lng Outlook for the Week (August 07, 2023 – August 11, 2023)

Petronet Lng closed the previous week on a negative note losing 5.59%.

Technically, Petronet Lng share price will see immediate support at 219.57 and immediate resistance would be seen at 232.82.

If Petronet Lng share price closes below immediate support of 219.57, then sharp breakdown can be seen. Petronet Lng share price will see major support at 215.03 for the week.

On the positive side, immediate resistance will be seen at 232.82. Closing above 232.82, Petronet Lng share price will see a sharp breakout. Major resistance for Petronet Lng share price will be seen at 241.53 for the week.

Trading range for Petronet Lng share price for this week should be between 206.32 on down side and 246.07 on up side.

Petronet Lng Previous Week High: 237

Petronet Lng Previous Week Low: 223.75

Petronet Lng Previous Week Range: 13.25 Points

Petronet Lng share price support and resistance for the week (August 07, 2023 – August 11, 2023)

Level Type Value
Resistance 3 246.07
Resistance 2 241.53
Resistance 1 232.82
Support 1 219.57
Support 2 215.03
Support 3 206.32

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