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(PIGL) Power Instrument complete technical analysis [charts+indicators] | Buy/Sell Power Instrument | (PIGL) share price targets

Complete technical analysis of Power Instrument (PIGL) by charts plus indicators, forecast predictions and share price targets for Power Instrument (PIGL)

Power Instrument trades in NSE in REAL_ESTATE_INVESTMENT_TRUST sector.

Showing technical analysis as on 2024-02-02 View latest technical analysis

10 day averaged volume of Power Instrument is 70202

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	73.35	72.40	74.25	70.50	1.338 times
01 Thu Feb 2024	71.05	72.60	72.60	70.00	0.418 times
31 Wed Jan 2024	70.40	71.65	71.95	70.20	0.47 times
30 Tue Jan 2024	71.70	71.95	72.40	70.20	1.052 times
29 Mon Jan 2024	69.25	68.70	69.45	66.35	0.674 times
25 Thu Jan 2024	66.15	66.75	68.05	64.70	0.753 times
24 Wed Jan 2024	64.85	65.80	66.85	64.05	0.562 times
23 Tue Jan 2024	67.15	72.80	74.05	67.05	1.46 times
22 Mon Jan 2024	70.55	69.90	70.55	67.10	1.701 times
19 Fri Jan 2024	67.20	65.80	67.40	63.70	1.615 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 74, for a target of 69.9 or 66.56

Share price targets for Power Instrument (PIGL)

Target Type	Value
Downside Target	41.80
Downside Target	43.20
Downside Target	52.30
Downside Target	60.45
Downside Target	61.75
Downside Target	64.05
Downside Target	66.35
Upside Target	74.05
Upside Target	74.25
Upside Target	78.70
Upside Target	93.45

Intraday share price targets for Power Instrument (PIGL)

Target Type	Value
Downside Intraday Target	68.38
Downside Intraday Target	63.42
Upside Intraday Target	76.28
Upside Intraday Target	79.22
Downside Intraday Target	71.32

Weekly technical analysis of Power Instrument (PIGL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	73.35	68.70	74.25	66.35	0.883 times
25 Thu Jan 2024	66.15	69.90	74.05	64.05	0.733 times
19 Fri Jan 2024	67.20	65.60	67.40	62.10	0.665 times
12 Fri Jan 2024	63.75	63.15	68.70	61.75	1.28 times
05 Fri Jan 2024	60.45	54.80	60.45	53.00	1.462 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 Power Instrument (PIGL)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Feb 2024	73.35	72.60	74.25	70.00	0.06 times
31 Wed Jan 2024	70.40	54.80	74.05	53.00	2.536 times
29 Fri Dec 2023	52.30	47.25	52.30	43.20	0.161 times
30 Fri Jun 2023	41.80	71.70	78.70	41.80	2.666 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 Power Instrument (PIGL)

Price action analysis of Power Instrument ( (PIGL) ) based on a short 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 Power Instrument ( (PIGL) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Power Instrument ( (PIGL) ) 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 Power Instrument ( (PIGL) ) based on a mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Power Instrument stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Power Instrument in short term and the buy signal is strong.

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

Power Instrument Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Power Instrument in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Power Instrument is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 69.29 and Power Instrument (PIGL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Power Instrument (PIGL) stock. Volume based technical analysis of Power Instrument (PIGL) stock is negative.

Power Instrument Stock is giving positive 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.