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(PONNIERODE) Ponni Sugars complete technical analysis [charts+indicators] | Buy/Sell Ponni Sugars | (PONNIERODE) share price targets

Complete technical analysis of Ponni Sugars (PONNIERODE) by charts plus indicators, forecast predictions and share price targets for Ponni Sugars (PONNIERODE)

Ponni Sugars trades in NSE in Sugar sector.

Showing technical analysis as on 2024-04-12 View latest technical analysis

10 day averaged volume of Ponni Sugars is 20653

Date	Daily Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	417.35	425.95	425.95	415.55	0.801 times
10 Wed Apr 2024	422.60	427.85	429.35	420.00	0.869 times
09 Tue Apr 2024	419.80	424.80	424.80	415.00	1.2 times
08 Mon Apr 2024	417.80	421.15	422.70	416.85	0.923 times
05 Fri Apr 2024	421.15	425.70	427.45	420.00	0.666 times
04 Thu Apr 2024	426.00	432.20	440.70	422.50	0.812 times
03 Wed Apr 2024	423.85	420.15	426.45	417.45	0.914 times
02 Tue Apr 2024	420.15	415.50	423.95	415.50	1.29 times
01 Mon Apr 2024	413.55	404.85	416.90	403.40	1.112 times
28 Thu Mar 2024	402.05	409.95	412.95	398.10	1.183 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 422.4 as stoploss in an intra day sell trade for a target of 409.01. However, stock will show a bullish move above 422.4.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	363.25
Downside Target	390.00
Upside Target	417.65
Upside Target	425.05
Upside Target	429.35
Upside Target	429.70
Upside Target	430.50
Upside Target	440.70
Upside Target	442.90
Upside Target	487.50

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	411.78
Downside Intraday Target	406.22
Upside Intraday Target	426.13
Upside Intraday Target	434.92
Upside Intraday Target	420.57

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	417.35	421.15	429.35	415.00	0.792 times
05 Fri Apr 2024	421.15	404.85	440.70	403.40	1.42 times
28 Thu Mar 2024	402.05	415.70	417.65	398.10	0.431 times
22 Fri Mar 2024	412.70	397.00	425.05	390.00	0.914 times
15 Fri Mar 2024	390.65	407.00	408.80	363.25	1.238 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 Ponni Sugars (PONNIERODE)

Date	Monthly Closing Price	Open	High	Low	Volume
12 Fri Apr 2024	417.35	404.85	440.70	403.40	0.305 times
28 Thu Mar 2024	402.05	416.35	429.70	363.25	0.335 times
29 Thu Feb 2024	412.70	425.00	487.50	411.35	1.578 times
31 Wed Jan 2024	422.35	411.10	442.90	400.00	1.068 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 Ponni Sugars (PONNIERODE)

Price action analysis of Ponni Sugars ( (PONNIERODE) ) based on a short 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 Ponni Sugars ( (PONNIERODE) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ponni Sugars ( (PONNIERODE) ) based on a short to mid 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 Ponni Sugars ( (PONNIERODE) ) 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 Ponni Sugars stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Ponni Sugars in short term and the buy signal is strong.

Ponni Sugars Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Ponni Sugars in short term but SELL signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Ponni Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 417.83 and Ponni Sugars (PONNIERODE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ponni Sugars (PONNIERODE) stock. Volume based technical analysis of Ponni Sugars (PONNIERODE) stock is negative.

Ponni Sugars Stock is giving positive 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.