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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 2024-06-25 View latest technical analysis

10 day averaged volume of Ponni Sugars is 262076

Date	Daily Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	495.40	493.70	503.60	483.35	0.361 times
24 Mon Jun 2024	484.60	490.85	499.20	482.00	0.32 times
21 Fri Jun 2024	491.05	499.95	509.00	486.50	0.532 times
20 Thu Jun 2024	495.10	493.80	507.95	490.05	0.708 times
19 Wed Jun 2024	492.20	486.00	504.00	470.40	1.217 times
18 Tue Jun 2024	485.30	509.00	509.00	478.35	0.373 times
14 Fri Jun 2024	496.05	497.00	518.00	492.10	1.257 times
13 Thu Jun 2024	489.10	469.90	501.80	465.65	2.975 times
12 Wed Jun 2024	465.40	468.05	472.45	462.85	0.499 times
11 Tue Jun 2024	465.75	448.00	468.00	442.50	1.853 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 487.9, but if it comes below 487.9, then a intra day sell could be more profitable.
If you take a sell trade below 487.9, then use 487.9 as stoploss and 455.63 as target. However if you take a buy trade in stock , then use 487.9 as stoploss and 526.6 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	363.25
Downside Target	386.00
Downside Target	399.00
Downside Target	411.35
Downside Target	429.70
Downside Target	452.95
Downside Target	470.40
Downside Target	482.00
Downside Target	487.50
Downside Target	490.25
Upside Target	503.60
Upside Target	509.00
Upside Target	518.00

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	483.73
Downside Intraday Target	472.07
Upside Intraday Target	505.33
Upside Intraday Target	515.27
Downside Intraday Target	493.67

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Tue Jun 2024	495.40	490.85	503.60	482.00	0.241 times
21 Fri Jun 2024	491.05	509.00	509.00	470.40	0.413 times
14 Fri Jun 2024	496.05	445.00	518.00	440.10	7.865 times
07 Fri Jun 2024	437.35	429.00	452.95	386.00	3.47 times
31 Fri May 2024	419.25	430.35	434.60	415.60	0.702 times

Price has moved up 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
25 Tue Jun 2024	495.40	429.00	518.00	386.00	4.516 times
31 Fri May 2024	419.25	446.00	457.60	400.00	0.756 times
30 Tue Apr 2024	442.65	404.85	490.25	399.00	1.481 times
28 Thu Mar 2024	402.05	416.35	429.70	363.25	0.335 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Ponni Sugars stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

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

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Ponni Sugars 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 485.35 and Ponni Sugars (PONNIERODE) 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 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 positive

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