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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.

10 day averaged volume of Piramal Enterprises is 1134144

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	837.55	832.95	849.50	825.00	0.705 times
15 Mon Apr 2024	836.70	840.05	859.80	832.00	0.844 times
12 Fri Apr 2024	859.00	875.10	879.00	855.45	0.956 times
10 Wed Apr 2024	879.95	880.00	887.60	872.00	0.764 times
09 Tue Apr 2024	875.65	868.00	881.30	863.25	0.827 times
08 Mon Apr 2024	864.90	854.00	874.00	851.00	1.428 times
05 Fri Apr 2024	852.05	859.40	864.15	845.50	1.02 times
04 Thu Apr 2024	856.55	864.00	869.75	855.00	1.018 times
03 Wed Apr 2024	858.95	859.20	862.15	855.00	0.72 times
02 Tue Apr 2024	863.50	859.00	866.95	855.55	1.703 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 828.7 as stoploss in an intra day buy trade for a target of 848.01. However, stock will show a bearish move below 828.7.

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	806.00
Upside Target	868.70
Upside Target	869.75
Upside Target	887.60
Upside Target	889.95
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	821.77
Downside Intraday Target	805.98
Upside Intraday Target	856.57
Upside Intraday Target	875.58
Upside Intraday Target	840.78

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	837.55	840.05	859.80	825.00	0.39 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
22 Fri Mar 2024	861.50	814.00	868.70	809.50	0.652 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
16 Tue Apr 2024	837.55	853.00	887.60	825.00	0.456 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 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 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 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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Piramal Enterprises in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 859.23 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.