Sep. 10 at 4:54 PM
$PETRONET.NSE
$PETRONET LNG – Daily Chart Analysis
Technical View
$PETRONET LNG is currently consolidating around ₹273–276 levels after a sharp decline in August. The stock is trading below its 50, 100, and 200-day EMAs, which signals a bearish to neutral structure. RSI (14) is at 46, indicating neither oversold nor overbought condition, showing sideways momentum. MACD is still in the negative zone but flattening out, suggesting that bearish momentum is weakening. Parabolic SAR dots are above price, showing resistance pressure, but any close above ₹280 may trigger fresh buying interest. Immediate support is placed around ₹270, while resistance is seen at ₹285–290.
Fundamental View
$PETRONET LNG is India’s leading LNG importer, playing a key role in the natural gas value chain. Its fundamentals remain steady with strong cash flows, stable margins, and long-term contracts ensuring revenue visibility. However, volatility in global
$LNG prices and government policy on gas usage/subsidies can impact profitability in the short run.
Micro & Macro View
Micro (Company-specific): Stable business model with secure long-term contracts from Qatar and other suppliers. Expansion plans in LNG terminals may drive future growth.
Macro (Sector/Global): Global
$LNG demand is likely to remain strong, but high spot LNG prices and currency volatility can affect imports. Government’s push for a “gas-based economy” supports long-term outlook.
Upcoming Events & Impact
Q2 FY26 Earnings (Expected Oct 2025): Better-than-expected volumes may lead to stock re-rating.
Global LNG Contract Renewals: Any favorable deal (like renegotiation of Qatar contracts) will improve margins.
Policy Announcements on Gas Usage: Government focus on clean energy and city gas distribution expansion could boost demand.
$CRUDE Oil & LNG Price Movements: Volatility in international prices may impact stock sentiment in short term.
Conclusion
$PETRONET LNG is in a consolidation phase with support at ₹270 and resistance near ₹285–290. Sustained move above ₹290 can open the path towards ₹305, while breakdown below ₹270 may drag it towards ₹260. Fundamentally, the company remains stable with long-term growth drivers intact, though short-term moves will depend on global LNG prices and quarterly results.
Disclaimer
This analysis is for educational and informational purposes only and should not be considered as investment advice or a buy/sell recommendation. Stock market investments are subject to risks. Please consult your financial advisor before making any investment decisions. Past performance does not guarantee future returns.
Disclosure
We do not have any personal, financial, or beneficial interest in
$PETRONET LNG Ltd.
Neither the analyst nor their family members hold any position in the stock at the time of publishing this report.
Investogainer Research is a SEBI Registered Research Analyst (INH000012856) and listed with BSE
(Code: 5845).
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