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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 2024-10-07 View latest technical analysis

10 day averaged volume of Ponni Sugars is 60881

Date	Daily Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	462.05	485.00	492.80	457.90	0.509 times
04 Fri Oct 2024	484.00	499.90	502.00	482.00	0.307 times
03 Thu Oct 2024	493.35	498.00	509.25	487.00	0.468 times
01 Tue Oct 2024	505.70	494.25	513.40	494.25	1.101 times
30 Mon Sep 2024	499.25	510.00	510.00	489.10	0.736 times
27 Fri Sep 2024	497.50	499.00	513.45	492.10	2.925 times
26 Thu Sep 2024	481.55	494.00	495.05	478.45	0.523 times
25 Wed Sep 2024	494.60	475.70	499.00	471.10	2.483 times
24 Tue Sep 2024	475.70	471.20	477.95	467.55	0.321 times
23 Mon Sep 2024	470.60	477.00	479.80	468.50	0.468 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 465.8, but if it comes above 465.8, then a intra day buy could be more profitable.
If you take a sell trade below 465.8, then use 465.8 as stoploss and 450.1 as target. However if you take a buy trade in stock , then use 465.8 as stoploss and 478.8 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	451.05
Upside Target	482.00
Upside Target	492.80
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	449.03
Downside Intraday Target	436.02
Upside Intraday Target	483.93
Upside Intraday Target	505.82
Upside Intraday Target	470.92

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Mon Oct 2024	462.05	485.00	492.80	457.90	0.195 times
04 Fri Oct 2024	484.00	510.00	513.40	482.00	0.389 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

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
07 Mon Oct 2024	462.05	494.25	513.40	457.90	0.129 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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

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

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Ponni Sugars in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying 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 492.53 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.