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(PEL) Piramal Enterprises complete technical analysis [charts+indicators] | Buy/Sell Piramal Enterprises | (PEL) share price targets

Complete technical analysis of Piramal Enterprises (PEL) by charts plus indicators, forecast predictions and share price targets for Piramal Enterprises (PEL)

Piramal Enterprises trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-05-30 View latest technical analysis

10 day averaged volume of Piramal Enterprises is 838697

Date	Daily Closing Price	Open	High	Low	Volume
30 Thu May 2024	800.00	830.95	831.25	797.05	3.313 times
29 Wed May 2024	830.10	819.00	838.20	813.35	2.305 times
28 Tue May 2024	819.25	833.50	833.50	811.05	1.392 times
27 Mon May 2024	829.40	823.10	834.00	819.45	1.365 times
24 Fri May 2024	819.35	821.95	821.95	815.20	0.585 times
23 Thu May 2024	818.95	820.00	822.95	816.30	0.651 times
22 Wed May 2024	817.05	824.80	825.65	813.00	0.746 times
21 Tue May 2024	818.65	831.00	831.00	817.35	1.308 times
18 Sat May 2024	828.75	830.00	833.00	826.10	0.101 times
17 Fri May 2024	827.20	830.00	830.90	822.05	0.633 times

Stock of Piramal Enterprises (PEL) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 799.2 as stoploss in an intra day buy trade for a target of 845.79. However, stock will show a bearish move below 799.2.

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	797.05
Upside Target	851.95
Upside Target	906.75
Upside Target	937.85
Upside Target	961.60
Upside Target	964.50
Upside Target	966.00
Upside Target	970.60
Upside Target	974.70

Intraday share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Intraday Target	785.3
Downside Intraday Target	770.6
Upside Intraday Target	826.45
Upside Intraday Target	852.9
Upside Intraday Target	811.75

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Thu May 2024	800.00	823.10	838.20	797.05	2.545 times
24 Fri May 2024	819.35	831.00	831.00	813.00	0.552 times
18 Sat May 2024	828.75	851.00	851.95	806.65	0.429 times
10 Fri May 2024	847.40	967.00	970.60	811.00	1.85 times
03 Fri May 2024	962.20	930.00	966.00	906.75	0.637 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Piramal Enterprises (PEL)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Thu May 2024	800.00	924.50	970.60	797.05	1.256 times
30 Tue Apr 2024	924.70	853.00	937.85	825.00	0.933 times
28 Thu Mar 2024	849.35	916.00	974.70	806.00	0.953 times
29 Thu Feb 2024	914.75	916.25	964.50	837.20	1.116 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 Piramal Enterprises (PEL)

Price action analysis of Piramal Enterprises ( (PEL) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Piramal Enterprises ( (PEL) ) 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 Piramal Enterprises ( (PEL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Piramal Enterprises stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Piramal Enterprises in short term and the sell signal is strong.

Piramal Enterprises 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Piramal Enterprises 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

Stock of Piramal Enterprises is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 817.52 and Piramal Enterprises (PEL) 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 Piramal Enterprises (PEL) stock. Volume based technical analysis of Piramal Enterprises (PEL) stock is negative.

Piramal Enterprises 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.