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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 2024-12-04 View latest technical analysis

10 day averaged volume of Ponni Sugars is 20719

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	432.75	428.35	436.95	427.00	0.836 times
03 Tue Dec 2024	427.55	422.60	429.90	421.80	0.726 times
02 Mon Dec 2024	420.40	421.15	425.00	414.20	0.656 times
29 Fri Nov 2024	421.15	419.10	431.00	414.05	1.617 times
28 Thu Nov 2024	417.25	422.75	428.00	414.10	1.397 times
27 Wed Nov 2024	418.55	416.15	423.05	415.55	0.751 times
26 Tue Nov 2024	415.50	405.75	428.40	405.75	1.813 times
25 Mon Nov 2024	406.90	403.05	408.80	403.00	0.722 times
22 Fri Nov 2024	399.25	399.90	403.25	396.00	1 times
21 Thu Nov 2024	396.10	405.00	406.20	395.00	0.713 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 431.4, but if it comes below 431.4, then a intra day sell could be more profitable.
If you take a sell trade below 431.4, then use 431.4 as stoploss and 418.08 as target. However if you take a buy trade in stock , then use 431.4 as stoploss and 447.3 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	395.00
Downside Target	414.20
Upside Target	436.95
Upside Target	448.15
Upside Target	450.90
Upside Target	451.05
Upside Target	488.80
Upside Target	513.40
Upside Target	524.40
Upside Target	561.00

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	418.98
Downside Intraday Target	405.22
Upside Intraday Target	441.73
Upside Intraday Target	450.72
Downside Intraday Target	427.97

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	432.75	421.15	436.95	414.20	0.352 times
29 Fri Nov 2024	421.15	403.05	431.00	403.00	2.055 times
22 Fri Nov 2024	399.25	399.10	418.45	395.00	0.912 times
14 Thu Nov 2024	405.20	431.70	434.00	401.40	0.6 times
08 Fri Nov 2024	431.70	443.30	448.15	423.00	1.899 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
04 Wed Dec 2024	432.75	421.15	436.95	414.20	0.119 times
29 Fri Nov 2024	421.15	444.40	450.90	395.00	0.722 times
31 Thu Oct 2024	445.60	494.25	513.40	419.60	0.473 times
30 Mon Sep 2024	499.25	523.40	524.40	451.05	1.043 times

Scroll below to view daily charts

Price has moved up 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 to mid 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 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 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.

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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 415.89 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.