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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 2024-12-24 View latest technical analysis

10 day averaged volume of Ponni Sugars is 26590

Date	Daily Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	411.80	410.55	417.75	410.55	0.207 times
23 Mon Dec 2024	410.55	414.80	422.90	409.05	0.423 times
20 Fri Dec 2024	414.80	424.60	437.40	412.00	1.166 times
19 Thu Dec 2024	424.60	413.60	431.45	405.50	1.033 times
18 Wed Dec 2024	414.75	427.05	427.05	413.00	0.869 times
17 Tue Dec 2024	425.65	421.95	428.05	418.75	1.116 times
16 Mon Dec 2024	420.90	418.45	423.75	418.40	0.317 times
13 Fri Dec 2024	418.45	418.20	421.00	414.10	0.43 times
12 Thu Dec 2024	419.55	417.05	423.50	417.00	0.886 times
11 Wed Dec 2024	417.55	421.80	432.60	414.65	2.105 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 415.2, but if it comes above 415.2, then a intra day buy could be more profitable.
If you take a sell trade below 415.2, then use 415.2 as stoploss and 407.8 as target. However if you take a buy trade in stock , then use 415.2 as stoploss and 421.33 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	395.00
Downside Target	403.00
Upside Target	437.40
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	406.27
Downside Intraday Target	400.73
Upside Intraday Target	420.12
Upside Intraday Target	428.43
Upside Intraday Target	414.58

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Tue Dec 2024	411.80	414.80	422.90	409.05	0.14 times
20 Fri Dec 2024	414.80	418.45	437.40	405.50	0.808 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

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
24 Tue Dec 2024	411.80	421.15	447.90	405.50	1.039 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

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 418.69 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.