Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-06-04 View latest technical analysis

10 day averaged volume of Ponni Sugars is 18595

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	405.85	427.85	427.85	386.00	2.836 times
03 Mon Jun 2024	427.75	429.00	435.00	421.00	1.422 times
31 Fri May 2024	419.25	422.00	424.15	415.60	0.632 times
30 Thu May 2024	422.10	428.00	433.70	418.10	0.75 times
29 Wed May 2024	427.55	430.60	431.40	422.40	0.548 times
28 Tue May 2024	428.90	429.40	434.60	422.30	0.809 times
27 Mon May 2024	426.05	430.35	430.35	421.10	0.797 times
24 Fri May 2024	428.10	441.90	441.90	427.00	1.156 times
23 Thu May 2024	436.35	438.75	438.75	432.05	0.739 times
22 Wed May 2024	437.65	442.90	443.00	436.20	1.323 times

Stock of Ponni Sugars (PONNIERODE) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 401.2, for a target of 415.7 or 427.7

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	363.25
Downside Target	386.00
Downside Target	399.00
Upside Target	410.00
Upside Target	427.00
Upside Target	435.00
Upside Target	444.55
Upside Target	457.00
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	382.9
Downside Intraday Target	359.95
Upside Intraday Target	431.9
Upside Intraday Target	457.95
Upside Intraday Target	408.95

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	405.85	429.00	435.00	386.00	1.204 times
31 Fri May 2024	419.25	430.35	434.60	415.60	0.702 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

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 Ponni Sugars (PONNIERODE)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	405.85	429.00	435.00	386.00	0.121 times
31 Fri May 2024	419.25	446.00	457.60	400.00	0.756 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Ponni Sugars ( (PONNIERODE) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 Strong and stock is gaining momentum.

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

Ponni Sugars Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Ponni Sugars in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Ponni Sugars is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 422.99 and Ponni Sugars (PONNIERODE) 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 Ponni Sugars (PONNIERODE) stock. Volume based technical analysis of Ponni Sugars (PONNIERODE) stock is negative.

Ponni Sugars 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.