The short-term outlook is bullish for Petronet LNG. The inventory has been transferring up because the final week of March. A resistance arising at ₹293, which could be examined this week. Nonetheless, the value motion on the chart signifies a excessive probability of this resistance being damaged. Such a break can increase the bullish momentum. Petronet LNG inventory value can surge to ₹315 over the following two to 3 weeks. Help is at ₹280. When the inventory breaks above ₹293, that degree will grow to be a assist. Merchants can go lengthy now at ₹288. Accumulate on dips at ₹282. Preserve the stop-loss at ₹273. Path the stop-loss as much as ₹292 as quickly because the inventory strikes as much as ₹296. Transfer the stop-loss additional as much as ₹298 when the value touches ₹305. Exit the inventory at ₹313.
(Be aware: The suggestions are primarily based on technical evaluation. There may be danger of loss in buying and selling.)
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