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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 2024-10-28 View latest technical analysis

10 day averaged volume of Ponni Sugars is 28340

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	437.15	441.00	442.50	428.45	0.585 times
25 Fri Oct 2024	431.20	441.85	444.00	420.10	1.312 times
24 Thu Oct 2024	439.10	438.40	444.00	428.10	0.805 times
23 Wed Oct 2024	434.50	437.95	439.10	420.00	1.07 times
22 Tue Oct 2024	429.75	440.30	451.95	419.60	1.245 times
21 Mon Oct 2024	445.55	468.00	468.45	430.55	2.473 times
18 Fri Oct 2024	460.65	468.50	474.20	453.30	0.754 times
17 Thu Oct 2024	465.30	475.00	480.10	464.10	0.545 times
16 Wed Oct 2024	470.35	470.50	476.90	465.00	0.737 times
15 Tue Oct 2024	470.15	470.00	479.95	469.20	0.536 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 442.8, but if it comes above 442.8, then a intra day buy could be more profitable.
If you take a sell trade below 442.8, then use 442.8 as stoploss and 416.6 as target. However if you take a buy trade in stock , then use 442.8 as stoploss and 464.62 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	419.60
Downside Target	428.45
Upside Target	442.50
Upside Target	468.45
Upside Target	492.80
Upside Target	513.40
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	429.57
Downside Intraday Target	421.98
Upside Intraday Target	443.62
Upside Intraday Target	450.08
Downside Intraday Target	436.03

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	437.15	441.00	442.50	428.45	0.085 times
25 Fri Oct 2024	431.20	468.00	468.45	419.60	2.231 times
18 Fri Oct 2024	460.65	476.00	480.10	453.30	1.082 times
11 Fri Oct 2024	472.95	485.00	492.80	457.90	0.51 times
04 Fri Oct 2024	484.00	510.00	513.40	482.00	0.389 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
28 Mon Oct 2024	437.15	494.25	513.40	419.60	0.438 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 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 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 Strong and stock is losing 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 moving up

CCI has generated a buy signal for Ponni Sugars in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 444.87 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.