Petronet Date : 04.12.2024
Petronet
Timeframe : day chart
Remarks : At strong resistance of descending triangle along with 23.6% of fibonacci, if breakout comes then 5%-10% up move possible
Regards,
Ankur
Next report date
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Report period
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EPS estimate
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Revenue estimate
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26.35 INR
36.52 B INR
527.29 B INR
747.55 M
About PETRONET LNG LTD
Sector
Industry
CEO
Akshay Kumar Singh
Website
Headquarters
New Delhi
Founded
1998
ISIN
INE347G01014
FIGI
BBG000F53ZW5
Petronet LNG Ltd. engages in the import and re-gasification of liquefied natural gas. It owns and operates liquefied natural gas regasification terminal at Dahej and also setting up another greenfield liquefied natural gas regasification terminal at Kochi. The company was founded on April 2, 1998 and is headquartered in New Delhi, India.
PETRONET - Breakout in Falling WedgeEntry Zone- 342-332 (Trend line break of wedge)
Exit Zone - Based on Trader mindset. Exit 1 - 365
Exit 2- 385
Stoploss : Close below 326
Timeframe: Daily
Notes: Price consolidates since July 2024 and forming wedge pattern. Price breakout the wedge with good green candle on 11 December.
12th december intra cum swing petronetpetronet again is looking good on charts , cmp 341.6 for intra buy in zone 340-341.5 with sl 336 for tgt 350-355 above 355 it will become a super rocket till 370 . for swing sl wil be at 328 and use all the dips duration 7 to 8 days alternately try 350 ce as wil with sl
[Positional] Petronet Price Action Analysis We are recommending a buy based on the following technical analysis:
Analysis:
Trendline Breakout Potential:
The chart shows a well-defined downward sloping trendline that has acted as a resistance since mid-August 2024.
The price is currently approaching this trendline, suggesting a possible brea
2nd december intraday buypetronet is buy for intraday with sl of 326 for tgt 343 347 354++ . the stock has recently got an upgrade and oil and gas has already undergone a substantial correction....we have already bought it for swing trading ....
petronet-technically looking goodpetronet has shown a considerable amount of correction from top, today it closed above key 200 ema. As of now, for swing it looks good . target and sl mentioned in chart. Oil and gas sector has witnessed good correction., some value buying can come now..
PETRONET LNG#petronet
- "w" Chart Pattern
- Dividend Coming Soon
Target:- 381.50
Stoploss: Your
Entry:- Your
Buy PetronetBulish Gartley pattern on daily chart
Probable 344-360 level possible if not close below 325
Turning Bullish: Petronet LNGIntro:
Petronet LNG Ltd. designs, constructs, and operates Liquefied Natural Gas (LNG) Import and regasification terminals in India. It was incorporated in 1998 as a Joint Venture among GAIL, Indian Oil, Bharat Petroleum and ONGC holding 12.5% each.LNG Petronet accounts for 33% of gas supplies in th
Petronet LNG - Bullish The stock is moving in a bullish parallel and has taken support on the lower boundary and rebounded back indicating clear recognition of the channel. It has handled the on going correction very well. 50 DMA > 200 DMA. Daily Vol in same range as average Vol. Applying fibonacci the price has already c
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Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of PETRONET is 340.50 INR — it has decreased by −0.73% in the past 24 hours. Watch PETRONET LNG LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange PETRONET LNG LTD stocks are traded under the ticker PETRONET.
PETRONET stock has risen by 0.75% compared to the previous week, the month change is a 5.42% rise, over the last year PETRONET LNG LTD has showed a 61.11% increase.
We've gathered analysts' opinions on PETRONET LNG LTD future price: according to them, PETRONET price has a max estimate of 519.00 INR and a min estimate of 235.00 INR. Watch PETRONET chart and read a more detailed PETRONET LNG LTD stock forecast: see what analysts think of PETRONET LNG LTD and suggest that you do with its stocks.
PETRONET reached its all-time high on Aug 21, 2024 with the price of 384.20 INR, and its all-time low was 6.00 INR and was reached on Mar 26, 2004. View more price dynamics on PETRONET chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
PETRONET stock is 2.11% volatile and has beta coefficient of 0.46. Track PETRONET LNG LTD stock price on the chart and check out the list of the most volatile stocks — is PETRONET LNG LTD there?
Today PETRONET LNG LTD has the market capitalization of 514.13 B, it has decreased by −1.14% over the last week.
Yes, you can track PETRONET LNG LTD financials in yearly and quarterly reports right on TradingView.
PETRONET LNG LTD is going to release the next earnings report on Feb 14, 2025. Keep track of upcoming events with our Earnings Calendar.
PETRONET earnings for the last quarter are 5.65 INR per share, whereas the estimation was 6.07 INR resulting in a −6.86% surprise. The estimated earnings for the next quarter are 7.51 INR per share. See more details about PETRONET LNG LTD earnings.
PETRONET LNG LTD revenue for the last quarter amounts to 132.23 B INR, despite the estimated figure of 130.88 B INR. In the next quarter, revenue is expected to reach 136.30 B INR.
PETRONET net income for the last quarter is 8.71 B INR, while the quarter before that showed 11.05 B INR of net income which accounts for −21.25% change. Track more PETRONET LNG LTD financial stats to get the full picture.
PETRONET LNG LTD dividend yield was 3.80% in 2023, and payout ratio reached 41.07%. The year before the numbers were 1.31% and 13.53% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Dec 13, 2024, the company has 2.96 K employees. See our rating of the largest employees — is PETRONET LNG LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. PETRONET LNG LTD EBITDA is 55.74 B INR, and current EBITDA margin is 10.12%. See more stats in PETRONET LNG LTD financial statements.
Like other stocks, PETRONET shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade PETRONET LNG LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So PETRONET LNG LTD technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating PETRONET LNG LTD stock shows the strong buy signal. See more of PETRONET LNG LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.