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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 2024-08-16 View latest technical analysis

10 day averaged volume of Piramal Enterprises is 2609881

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	947.35	885.00	951.75	880.85	1.585 times
14 Wed Aug 2024	882.40	950.00	960.00	875.10	3.182 times
13 Tue Aug 2024	985.40	990.90	1010.05	971.65	0.766 times
12 Mon Aug 2024	989.00	961.05	1012.60	961.05	0.878 times
09 Fri Aug 2024	969.00	950.00	977.10	949.00	0.921 times
08 Thu Aug 2024	939.95	979.75	979.75	937.30	1.248 times
07 Wed Aug 2024	982.25	995.00	1013.50	974.00	0.437 times
06 Tue Aug 2024	981.70	990.05	1005.00	974.20	0.385 times
05 Mon Aug 2024	983.10	1007.00	1026.85	971.05	0.484 times
02 Fri Aug 2024	1037.65	1002.60	1064.00	1002.00	0.872 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 931.6 as stoploss in an intra day buy trade for a target of 974.06. However, stock will show a bearish move below 931.6.

Share price targets for Piramal Enterprises (PEL)

Target Type	Value
Downside Target	736.60
Downside Target	791.00
Downside Target	825.00
Downside Target	875.10
Downside Target	900.00
Downside Target	925.10
Upside Target	970.60
Upside Target	998.75
Upside Target	1012.60
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	877.43
Downside Intraday Target	807.52
Upside Intraday Target	1014.93
Upside Intraday Target	1082.52
Downside Intraday Target	945.02

Weekly technical analysis of Piramal Enterprises (PEL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri Aug 2024	947.35	961.05	1012.60	875.10	1.845 times
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

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
16 Fri Aug 2024	947.35	1041.50	1064.00	875.10	0.867 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 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 Piramal Enterprises ( (PEL) ) based on a short to mid 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 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 Strong and stock is gaining 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 red color and prices are below 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 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 946.82 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 positive

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