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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 2024-10-03 View latest technical analysis

10 day averaged volume of Ponni Sugars is 61355

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	493.35	498.00	509.25	487.00	0.464 times
01 Tue Oct 2024	505.70	494.25	513.40	494.25	1.092 times
30 Mon Sep 2024	499.25	510.00	510.00	489.10	0.73 times
27 Fri Sep 2024	497.50	499.00	513.45	492.10	2.902 times
26 Thu Sep 2024	481.55	494.00	495.05	478.45	0.519 times
25 Wed Sep 2024	494.60	475.70	499.00	471.10	2.464 times
24 Tue Sep 2024	475.70	471.20	477.95	467.55	0.318 times
23 Mon Sep 2024	470.60	477.00	479.80	468.50	0.464 times
20 Fri Sep 2024	473.25	457.65	475.40	457.25	0.664 times
19 Thu Sep 2024	455.65	473.00	480.30	451.05	0.559 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 491.9, but if it comes below 491.9, then a intra day sell could be more profitable.
If you take a sell trade below 491.9, then use 491.9 as stoploss and 479.18 as target. However if you take a buy trade in stock , then use 491.9 as stoploss and 507.1 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	451.05
Downside Target	487.00
Upside Target	513.40
Upside Target	513.45
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	482.43
Downside Intraday Target	471.52
Upside Intraday Target	508.83
Upside Intraday Target	524.32
Upside Intraday Target	497.92

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	493.35	510.00	513.40	487.00	0.343 times
27 Fri Sep 2024	497.50	477.00	513.45	467.55	2.573 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

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
03 Thu Oct 2024	493.35	494.25	513.40	487.00	0.085 times
30 Mon Sep 2024	499.25	523.40	524.40	451.05	1.043 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

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 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 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 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 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 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 BUY signal in short term but buying is losing 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 491.01 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.