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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 2024-09-25 View latest technical analysis

10 day averaged volume of Ponni Sugars is 28802

Date	Daily Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	494.60	475.70	499.00	471.10	5.248 times
24 Tue Sep 2024	475.70	471.20	477.95	467.55	0.678 times
23 Mon Sep 2024	470.60	477.00	479.80	468.50	0.989 times
20 Fri Sep 2024	473.25	457.65	475.40	457.25	1.414 times
19 Thu Sep 2024	455.65	473.00	480.30	451.05	1.191 times
18 Wed Sep 2024	469.85	475.75	478.55	467.50	0.612 times
17 Tue Sep 2024	475.75	480.05	481.50	473.75	0.839 times
16 Mon Sep 2024	478.15	476.00	488.00	476.00	1.466 times
13 Fri Sep 2024	469.25	473.10	478.70	467.30	0.867 times
12 Thu Sep 2024	469.40	475.55	480.25	466.00	1.076 times

Stock of Ponni Sugars (PONNIERODE) has showed a significant upmove. This could be a good time to enter in this stock!

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 495.3 as stoploss in an intra day sell trade for a target of 480.04. However, stock will show a bullish move above 495.3.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	400.00
Downside Target	451.05
Downside Target	487.00
Upside Target	499.00
Upside Target	502.00
Upside Target	518.00
Upside Target	524.40
Upside Target	561.00
Upside Target	598.90

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	475.1
Downside Intraday Target	455.6
Upside Intraday Target	506.55
Upside Intraday Target	518.5
Downside Intraday Target	487.05

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Wed Sep 2024	494.60	477.00	499.00	467.55	1.253 times
20 Fri Sep 2024	473.25	476.00	488.00	451.05	0.909 times
13 Fri Sep 2024	469.25	469.40	487.00	459.05	0.512 times
06 Fri Sep 2024	468.70	523.40	524.40	459.85	0.867 times
30 Fri Aug 2024	521.40	524.00	561.00	502.00	1.882 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 Wed Sep 2024	494.60	523.40	524.40	451.05	0.808 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 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 short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Ponni Sugars ( (PONNIERODE) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 but the buy signal is initial and weak.

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

Ponni Sugars Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 479.49 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 negative.

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