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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 2024-06-06 View latest technical analysis

10 day averaged volume of Piramal Enterprises is 1369619

Date	Daily Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	804.25	788.90	811.00	787.80	0.643 times
05 Wed Jun 2024	786.65	763.00	803.00	755.00	0.851 times
04 Tue Jun 2024	754.20	815.00	815.00	736.60	1.652 times
03 Mon Jun 2024	817.30	816.60	824.90	804.10	0.835 times
31 Fri May 2024	794.85	809.80	809.80	791.00	0.776 times
30 Thu May 2024	800.00	830.95	831.25	797.05	2.029 times
29 Wed May 2024	830.10	819.00	838.20	813.35	1.412 times
28 Tue May 2024	819.25	833.50	833.50	811.05	0.852 times
27 Mon May 2024	829.40	823.10	834.00	819.45	0.836 times
24 Fri May 2024	819.35	821.95	821.95	815.20	0.358 times

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 796.4 as stoploss in an intra day buy trade for a target of 815.97. However, stock will show a bearish move below 796.4.

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	736.60
Downside Target	791.00
Upside Target	831.00
Upside Target	837.20
Upside Target	838.20
Upside Target	851.95
Upside Target	937.85
Upside Target	964.50
Upside Target	970.60
Upside Target	974.70

Intraday share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Intraday Target	752.27
Downside Intraday Target	700.28
Upside Intraday Target	840.57
Upside Intraday Target	876.88
Downside Intraday Target	788.58

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	804.25	816.60	824.90	736.60	0.674 times
31 Fri May 2024	794.85	823.10	838.20	791.00	2.931 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

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 Piramal Enterprises (PEL)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Thu Jun 2024	804.25	816.60	824.90	736.60	0.169 times
31 Fri May 2024	794.85	924.50	970.60	791.00	1.299 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

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 Piramal Enterprises (PEL)

Price action analysis of Piramal Enterprises ( (PEL) ) 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 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 losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 Piramal Enterprises in short term but BUY signal is weak.

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 Piramal Enterprises is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 801.62 and Piramal Enterprises (PEL) 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 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.