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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)

Piramal Enterprises trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-03-07 View latest technical analysis

10 day averaged volume of Piramal Enterprises is 1214376

Date	Daily Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	894.45	891.70	908.00	890.10	0.736 times
06 Wed Mar 2024	886.10	924.60	925.20	864.55	2.165 times
05 Tue Mar 2024	924.60	971.95	971.95	921.50	1.109 times
04 Mon Mar 2024	966.85	942.00	974.70	937.35	1.643 times
02 Sat Mar 2024	934.85	937.00	939.90	927.00	0.06 times
01 Fri Mar 2024	935.65	916.00	939.05	916.00	0.833 times
29 Thu Feb 2024	914.75	900.00	922.90	891.00	0.968 times
28 Wed Feb 2024	898.50	913.70	925.70	895.00	0.691 times
27 Tue Feb 2024	912.30	916.65	928.00	903.85	0.781 times
26 Mon Feb 2024	909.55	936.95	939.00	907.50	0.819 times

My analysis of stock is bearish for shortterm, and stock might move down till 880.4 or till 848.5. Use a stoploss of 907.04 and if the stock hits stoploss, then it can shoot up till 933.64

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	837.20
Upside Target	935.00
Upside Target	939.90
Upside Target	961.60
Upside Target	964.50
Upside Target	974.70
Upside Target	981.65
Upside Target	1012.85

Intraday share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Intraday Target	847.77
Downside Intraday Target	801.08
Upside Intraday Target	957.92
Upside Intraday Target	1021.38
Upside Intraday Target	911.23

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Thu Mar 2024	894.45	942.00	974.70	864.55	1.361 times
02 Sat Mar 2024	934.85	936.95	939.90	891.00	0.398 times
23 Fri Feb 2024	933.55	895.00	964.50	881.10	3.417 times
16 Fri Feb 2024	895.40	897.00	904.20	837.20	0.854 times
09 Fri Feb 2024	892.15	923.00	935.00	872.00	0.462 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
07 Thu Mar 2024	894.45	916.00	974.70	864.55	0.285 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
29 Fri Dec 2023	931.40	933.00	981.65	851.00	2.356 times

Scroll below to view daily charts

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)

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.

Price action analysis of Piramal Enterprises ( (PEL) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

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

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 green color and prices are in or below the green 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 916.87 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 positive

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