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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 2024-08-09 View latest technical analysis

10 day averaged volume of Piramal Enterprises is 2024188

Date	Daily Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	969.00	950.00	977.10	949.00	1.188 times
08 Thu Aug 2024	939.95	979.75	979.75	937.30	1.609 times
07 Wed Aug 2024	982.25	995.00	1013.50	974.00	0.563 times
06 Tue Aug 2024	981.70	990.05	1005.00	974.20	0.496 times
05 Mon Aug 2024	983.10	1007.00	1026.85	971.05	0.624 times
02 Fri Aug 2024	1037.65	1002.60	1064.00	1002.00	1.124 times
01 Thu Aug 2024	1023.10	1041.50	1048.90	1010.05	1.066 times
31 Wed Jul 2024	1041.50	1028.00	1045.00	1020.05	0.565 times
30 Tue Jul 2024	1026.10	1029.50	1040.70	1013.30	0.513 times
29 Mon Jul 2024	1029.75	1005.00	1042.70	996.60	1.491 times

My analysis of stock is bearish for shortterm, and stock might move down till 937.2 or till 891.6. Use a stoploss of 975.09 and if the stock hits stoploss, then it can shoot up till 1013.03

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	736.60
Downside Target	791.00
Downside Target	825.00
Downside Target	900.00
Downside Target	925.10
Upside Target	970.60
Upside Target	988.90
Upside Target	996.60
Upside Target	998.75
Upside Target	1026.85
Upside Target	1045.00
Upside Target	1064.00

Intraday share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Intraday Target	928.58
Downside Intraday Target	888.17
Upside Intraday Target	1018.13
Upside Intraday Target	1067.27
Upside Intraday Target	977.72

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	969.00	1007.00	1026.85	937.30	0.941 times
02 Fri Aug 2024	1037.65	1005.00	1064.00	996.60	1.08 times
26 Fri Jul 2024	992.10	921.00	998.75	900.00	1.06 times
19 Fri Jul 2024	929.00	940.25	988.90	925.10	1.535 times
12 Fri Jul 2024	938.00	935.20	947.70	905.00	0.799 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 Piramal Enterprises (PEL)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Fri Aug 2024	969.00	1041.50	1064.00	937.30	0.387 times
31 Wed Jul 2024	1041.50	919.00	1045.00	900.00	1.084 times
28 Fri Jun 2024	927.00	816.60	937.80	736.60	0.998 times
31 Fri May 2024	794.85	924.50	970.60	791.00	1.299 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 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 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 Piramal Enterprises ( (PEL) ) based on a mid to longer 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.

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

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

Piramal Enterprises 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 green color and prices are in or below the green 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 998.38 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.