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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 2024-10-30 View latest technical analysis

10 day averaged volume of Ponni Sugars is 28464

Date	Daily Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	455.55	445.55	459.00	441.00	0.366 times
29 Tue Oct 2024	445.55	431.15	450.00	431.15	0.515 times
28 Mon Oct 2024	437.15	441.00	442.50	428.45	0.583 times
25 Fri Oct 2024	431.20	441.85	444.00	420.10	1.306 times
24 Thu Oct 2024	439.10	438.40	444.00	428.10	0.801 times
23 Wed Oct 2024	434.50	437.95	439.10	420.00	1.065 times
22 Tue Oct 2024	429.75	440.30	451.95	419.60	1.24 times
21 Mon Oct 2024	445.55	468.00	468.45	430.55	2.462 times
18 Fri Oct 2024	460.65	468.50	474.20	453.30	0.751 times
17 Thu Oct 2024	465.30	475.00	480.10	464.10	0.543 times

My analysis of stock is bearish for shortterm, and stock might move down till 441.3 or till 419.6. Use a stoploss of 459.43 and if the stock hits stoploss, then it can shoot up till 477.54

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	419.60
Downside Target	428.45
Downside Target	451.05
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	436.33
Downside Intraday Target	417.12
Upside Intraday Target	466.88
Upside Intraday Target	478.22
Downside Intraday Target	447.67

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Wed Oct 2024	455.55	441.00	459.00	428.45	0.213 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
30 Wed Oct 2024	455.55	494.25	513.40	419.60	0.461 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 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 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 weakening, and bulls are picking up momentum!

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 SELL signal in short term but selling 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 441.97 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 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.