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(PONNIERODE) Ponni Sugars complete technical analysis [charts+indicators] | Buy/Sell Ponni Sugars | (PONNIERODE) share price targets

Complete technical analysis of Ponni Sugars (PONNIERODE) by charts plus indicators, forecast predictions and share price targets for Ponni Sugars (PONNIERODE)

Ponni Sugars trades in NSE in Sugar sector.

Showing technical analysis as on 2024-05-28 View latest technical analysis

10 day averaged volume of Ponni Sugars is 38783

Date	Daily Closing Price	Open	High	Low	Volume
28 Tue May 2024	428.90	429.40	434.60	422.30	0.388 times
27 Mon May 2024	426.05	430.35	430.35	421.10	0.382 times
24 Fri May 2024	428.10	441.90	441.90	427.00	0.554 times
23 Thu May 2024	436.35	438.75	438.75	432.05	0.355 times
22 Wed May 2024	437.65	442.90	443.00	436.20	0.635 times
21 Tue May 2024	448.00	457.00	457.00	445.30	0.873 times
18 Sat May 2024	451.75	455.00	457.60	450.00	0.408 times
17 Fri May 2024	449.15	427.65	454.70	420.00	5.584 times
16 Thu May 2024	427.25	425.85	432.00	421.15	0.336 times
15 Wed May 2024	428.65	424.50	430.90	423.95	0.516 times

My analysis of stock is bearish for shortterm, and stock might move down till 420 or till 405.6. Use a stoploss of 432.01 and if the stock hits stoploss, then it can shoot up till 444

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	363.25
Downside Target	399.00
Downside Target	410.00
Downside Target	421.10
Upside Target	442.90
Upside Target	444.55
Upside Target	457.00
Upside Target	457.15
Upside Target	457.60
Upside Target	487.50
Upside Target	490.25

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	421.8
Downside Intraday Target	414.7
Upside Intraday Target	435.3
Upside Intraday Target	441.7
Downside Intraday Target	428.2

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Tue May 2024	428.90	430.35	434.60	421.10	0.319 times
24 Fri May 2024	428.10	457.00	457.00	427.00	0.309 times
18 Sat May 2024	451.75	412.40	457.60	400.00	2.6 times
10 Fri May 2024	412.40	441.00	444.55	410.00	0.594 times
03 Fri May 2024	440.45	442.50	457.15	436.65	0.402 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 Ponni Sugars (PONNIERODE)

Date	Monthly Closing Price	Open	High	Low	Volume
28 Tue May 2024	428.90	446.00	457.60	400.00	0.714 times
30 Tue Apr 2024	442.65	404.85	490.25	399.00	1.481 times
28 Thu Mar 2024	402.05	416.35	429.70	363.25	0.335 times
29 Thu Feb 2024	412.70	425.00	487.50	411.35	1.578 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 Ponni Sugars (PONNIERODE)

Price action analysis of Ponni Sugars ( (PONNIERODE) ) 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 Ponni Sugars ( (PONNIERODE) ) 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 Ponni Sugars ( (PONNIERODE) ) 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 Ponni Sugars stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

Ponni Sugars 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 moving up

CCI has generated a buy signal for Ponni Sugars in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 Ponni Sugars is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 443.36 and Ponni Sugars (PONNIERODE) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Ponni Sugars (PONNIERODE) stock. Volume based technical analysis of Ponni Sugars (PONNIERODE) stock is negative.

Ponni Sugars 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.