Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

Piramal Enterprises trades in NSE in Pharmaceuticals sector.

10 day averaged volume of Piramal Enterprises is 1010847

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	907.95	871.05	911.30	866.50	2.444 times
24 Wed Apr 2024	879.05	861.15	885.00	861.15	1.719 times
23 Tue Apr 2024	859.45	850.00	863.55	844.00	0.999 times
22 Mon Apr 2024	836.85	842.00	849.90	835.00	1.478 times
19 Fri Apr 2024	835.15	830.10	839.10	825.00	0.564 times
18 Thu Apr 2024	841.20	846.00	858.10	838.00	0.644 times
16 Tue Apr 2024	837.55	832.95	849.50	825.00	0.791 times
15 Mon Apr 2024	836.70	840.05	859.80	832.00	0.947 times
12 Fri Apr 2024	859.00	875.10	879.00	855.45	1.072 times
10 Wed Apr 2024	879.95	880.00	887.60	872.00	0.858 times

Stock of Piramal Enterprises (PEL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 896.8, for a target of 875.4 or 857.59

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	806.00
Downside Target	825.00
Downside Target	869.75
Downside Target	887.60
Downside Target	889.95
Upside Target	911.30
Upside Target	961.60
Upside Target	964.50
Upside Target	974.70
Upside Target	981.65

Intraday share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Intraday Target	858.2
Downside Intraday Target	808.45
Upside Intraday Target	934.5
Upside Intraday Target	961.05
Downside Intraday Target	884.75

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	907.95	842.00	911.30	835.00	2.255 times
19 Fri Apr 2024	835.15	840.05	859.80	825.00	0.661 times
12 Fri Apr 2024	859.00	854.00	887.60	851.00	0.767 times
05 Fri Apr 2024	852.05	853.00	869.75	845.50	0.735 times
28 Thu Mar 2024	849.35	852.00	889.95	835.10	1.901 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Piramal Enterprises (PEL)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	907.95	853.00	911.30	825.00	0.754 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
31 Wed Jan 2024	916.10	930.00	961.60	846.05	0.594 times

Scroll below to view daily charts

Price has moved up 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)

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Piramal Enterprises in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Piramal Enterprises Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 865.67 and Piramal Enterprises (PEL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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