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Sensex, Nifty, Share Prices LIVE: The stock of Petronet LNG has been consolidating since August.

It has been oscillating between ₹266 and ₹285. But over the last two weeks, it has been rallying and the price movement shows good upward momentum.

We expect the stock to break out of the barrier at ₹285 this time, opening the door for further rally. Once the stock surpasses ₹285, it can establish a fresh leg of rally, which can take the stock to ₹320 soon.

Traders can consider buying the stock now at ₹284 and accumulate when the price dips to ₹270. Place a stop-loss at ₹262. When the price rises to ₹300, revise the stop-loss to ₹285.

admin2026-01-01T08:33:05+05:30

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