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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 2024-03-19 View latest technical analysis

10 day averaged volume of Piramal Enterprises is 1391229

Date	Daily Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	815.90	818.95	830.00	814.05	0.356 times
18 Mon Mar 2024	818.50	814.00	826.10	814.00	0.427 times
15 Fri Mar 2024	819.25	831.00	843.50	814.80	0.574 times
14 Thu Mar 2024	832.95	822.85	848.45	806.00	0.914 times
13 Wed Mar 2024	822.85	860.05	866.55	806.45	1.417 times
12 Tue Mar 2024	859.85	868.80	875.55	856.15	0.909 times
11 Mon Mar 2024	868.80	894.45	894.45	865.00	0.824 times
07 Thu Mar 2024	894.45	891.70	908.00	890.10	0.642 times
06 Wed Mar 2024	886.10	924.60	925.20	864.55	1.89 times
05 Tue Mar 2024	924.60	971.95	971.95	921.50	0.968 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 844.2, but if it comes above 844.2, then a intra day buy could be more profitable.
If you take a sell trade below 844.2, then use 844.2 as stoploss and 788.9 as target. However if you take a buy trade in stock , then use 844.2 as stoploss and 890.38 as target.

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	806.00
Upside Target	894.45
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	809.93
Downside Intraday Target	803.97
Upside Intraday Target	825.93
Upside Intraday Target	835.97
Upside Intraday Target	819.97

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Tue Mar 2024	815.90	814.00	830.00	814.00	0.169 times
15 Fri Mar 2024	819.25	894.45	894.45	806.00	0.94 times
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

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
19 Tue Mar 2024	815.90	916.00	974.70	806.00	0.555 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 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 losing 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 below the red cloud Prices appear to be coming down

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 but selling is losing 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 860.77 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.