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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 2024-12-16 View latest technical analysis

10 day averaged volume of Ponni Sugars is 26421

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	420.90	418.45	423.75	418.40	0.319 times
13 Fri Dec 2024	418.45	418.20	421.00	414.10	0.433 times
12 Thu Dec 2024	419.55	417.05	423.50	417.00	0.891 times
11 Wed Dec 2024	417.55	421.80	432.60	414.65	2.119 times
10 Tue Dec 2024	421.05	434.75	434.75	419.50	1.666 times
09 Mon Dec 2024	430.10	427.55	432.60	426.35	0.494 times
06 Fri Dec 2024	429.70	432.40	434.90	427.25	0.431 times
05 Thu Dec 2024	429.40	437.00	447.90	420.90	2.227 times
04 Wed Dec 2024	432.75	428.35	436.95	427.00	0.656 times
03 Tue Dec 2024	427.55	422.60	429.90	421.80	0.569 times

My analysis of stock is bullish for shortterm, and stock might move up till 427.7 or till 439.9. Use a stoploss of 417.59 and if this stock hits its stoploss, then it can fall down till 407.44

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	395.00
Downside Target	403.00
Downside Target	414.10
Upside Target	447.90
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	418.28
Downside Intraday Target	415.67
Upside Intraday Target	423.63
Upside Intraday Target	426.37
Upside Intraday Target	421.02

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	420.90	418.45	423.75	418.40	0.057 times
13 Fri Dec 2024	418.45	427.55	434.75	414.10	1.274 times
06 Fri Dec 2024	429.70	421.15	447.90	414.20	0.89 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

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
16 Mon Dec 2024	420.90	421.15	447.90	414.10	0.707 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 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 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

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 423.93 and Ponni Sugars (PONNIERODE) stock is trading below this level. This means that stock is falling with high volumes. 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.