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(PEL) Piramal Enterprises complete technical analysis [charts+indicators] | Buy/Sell Piramal Enterprises | (PEL) share price targets

Complete technical analysis of Piramal Enterprises (PEL) by charts plus indicators, forecast predictions and share price targets for Piramal Enterprises (PEL)

10 day averaged volume of Piramal Enterprises is 1657307

Date Daily Closing Price Open High Low Volume
17 Fri May 2024 827.20 830.00 830.90 822.05 0.32 times
16 Thu May 2024 823.85 832.00 834.40 816.60 0.462 times
15 Wed May 2024 825.20 835.00 839.90 822.00 0.313 times
14 Tue May 2024 830.25 829.90 836.65 825.50 0.451 times
13 Mon May 2024 826.80 851.00 851.95 806.65 1.421 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 829, but if it comes above 829, then a intra day buy could be more profitable.
If you take a sell trade below 829, then use 829 as stoploss and 769.5 as target. However if you take a buy trade in stock , then use 829 as stoploss and 878.68 as target.

Share price targets for Piramal Enterprises (PEL)

Target Type Value
Downside Target 806.00
Upside Target 906.75
Upside Target 934.95
Upside Target 937.85
Upside Target 961.60
Upside Target 964.50
Upside Target 966.00
Upside Target 970.60
Upside Target 974.70

Intraday share price targets for Piramal Enterprises (PEL)

Target Type Value
Downside Intraday Target 805.25
Downside Intraday Target 783.3
Upside Intraday Target 850.55
Upside Intraday Target 873.9
Upside Intraday Target 828.6

Weekly technical analysis of Piramal Enterprises (PEL)

Date Weekly Closing Price Open High Low Volume
17 Fri May 2024 827.20 851.00 851.95 806.65 0.422 times
10 Fri May 2024 847.40 967.00 970.60 811.00 1.85 times
03 Fri May 2024 962.20 930.00 966.00 906.75 0.637 times
26 Fri Apr 2024 925.75 842.00 934.95 835.00 3.321 times
19 Fri Apr 2024 835.15 840.05 859.80 825.00 0.661 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Piramal Enterprises (PEL)

Date Monthly Closing Price Open High Low Volume
17 Fri May 2024 827.20 924.50 970.60 806.65 0.859 times
30 Tue Apr 2024 924.70 853.00 937.85 825.00 0.933 times
28 Thu Mar 2024 849.35 916.00 974.70 806.00 0.953 times
29 Thu Feb 2024 914.75 916.25 964.50 837.20 1.116 times

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Piramal Enterprises (PEL)

Indicator Name Indicator Value Indicator Signal
ADX 12, 34, 49 Sell
MACD -21, -8Sell
Stochastics 11Sell
CCI -53Buy
RSI 43Sell
OBV 4343407Sell
VWAP 851Sell
ADL 0Sell
ROC -14Sell
Force Index 0Sell

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Piramal Enterprises ( (PEL) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Piramal Enterprises stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Piramal Enterprises in short term and the sell signal is strong.

Piramal Enterprises Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Piramal Enterprises in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Piramal Enterprises is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 850.54 and Piramal Enterprises (PEL) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Piramal Enterprises (PEL) stock. Volume based technical analysis of Piramal Enterprises (PEL) stock is negative.

Piramal Enterprises Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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