Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-05 View latest technical analysis

10 day averaged volume of Ponni Sugars is 68752

Date	Daily Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	484.90	488.95	492.45	483.10	0.511 times
04 Wed Sep 2024	485.30	480.15	494.15	478.05	0.88 times
03 Tue Sep 2024	481.45	495.75	499.50	479.05	1.073 times
02 Mon Sep 2024	495.80	523.40	524.40	494.00	1.283 times
30 Fri Aug 2024	521.40	561.00	561.00	518.10	3.954 times
29 Thu Aug 2024	510.60	520.25	520.25	505.05	0.57 times
28 Wed Aug 2024	512.55	509.55	522.00	509.00	0.575 times
27 Tue Aug 2024	508.10	502.00	509.90	502.00	0.228 times
26 Mon Aug 2024	507.00	524.00	524.00	505.00	0.404 times
23 Fri Aug 2024	519.80	525.00	534.00	515.05	0.488 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 494.5, but if it comes above 494.5, then a intra day buy could be more profitable.
If you take a sell trade below 494.5, then use 494.5 as stoploss and 476.4 as target. However if you take a buy trade in stock , then use 494.5 as stoploss and 509.59 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	400.00
Downside Target	457.60
Downside Target	471.00
Upside Target	488.80
Upside Target	502.00
Upside Target	515.05
Upside Target	524.40
Upside Target	530.45
Upside Target	546.00
Upside Target	561.00
Upside Target	598.90

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	467.17
Downside Intraday Target	449.43
Upside Intraday Target	513.52
Upside Intraday Target	542.13
Upside Intraday Target	495.78

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Thu Sep 2024	484.90	523.40	524.40	478.05	0.654 times
30 Fri Aug 2024	521.40	524.00	561.00	502.00	1.882 times
23 Fri Aug 2024	519.80	517.95	546.00	515.05	1.297 times
16 Fri Aug 2024	509.85	491.00	524.05	488.80	0.677 times
09 Fri Aug 2024	500.85	521.80	530.45	490.05	0.708 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
05 Thu Sep 2024	484.90	523.40	524.40	478.05	0.238 times
30 Fri Aug 2024	521.40	559.00	561.00	488.80	0.308 times
31 Wed Jul 2024	555.55	479.35	598.90	471.00	1.11 times
28 Fri Jun 2024	478.45	429.00	518.00	386.00	4.855 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 Ponni Sugars (PONNIERODE)

Price action analysis of Ponni Sugars ( (PONNIERODE) ) 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 Ponni Sugars ( (PONNIERODE) ) 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Ponni Sugars in short term and the sell signal is strong.

Ponni Sugars Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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 Ponni Sugars in short term but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Ponni Sugars is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 506.65 and Ponni Sugars (PONNIERODE) 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 Ponni Sugars (PONNIERODE) stock. Volume based technical analysis of Ponni Sugars (PONNIERODE) stock is negative.

Ponni Sugars 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.