Stock of the day - Petronet LNG Ltd Target Rs. 311

2026-08-24 10:51:26 am | Source: Religare Broking Ltd

Stock of the day - Petronet LNG Ltd Target Rs. 311 - Religare Broking Ltd

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Petronet LNG Ltd

Buy Petronet LNG Ltd CMP (Rs) 293 Range* 291-293 SL 282 Target 311

* PETRONET maintains a firmly bullish structure, with price action sustaining a sequence of higher highs and higher lows, confirming strength.

* The stock is trading decisively above its short, medium and long-term moving averages, highlighting robust underlying demand and positive trend alignment.

* The recent upside breakout, supported by improving volume, further validates buyer participation and bullish conviction.

* Investors may consider accumulating the stock within the recommended buying range.

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Stock of the day - Petronet LNG Ltd Target Rs. 311 - Religare Broking Ltd

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