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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 2024-07-15 View latest technical analysis

10 day averaged volume of Ponni Sugars is 223934

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	564.45	588.05	596.90	555.60	0.706 times
12 Fri Jul 2024	586.25	570.70	598.90	565.00	1.544 times
11 Thu Jul 2024	569.00	520.75	580.00	519.10	1.744 times
10 Wed Jul 2024	516.90	530.00	536.00	506.80	0.393 times
09 Tue Jul 2024	527.15	533.15	549.30	519.00	0.935 times
08 Mon Jul 2024	529.95	540.00	541.25	523.55	0.43 times
05 Fri Jul 2024	522.50	534.10	537.65	518.00	0.569 times
04 Thu Jul 2024	530.15	539.95	542.00	524.25	1.397 times
03 Wed Jul 2024	519.15	487.00	530.00	487.00	2.558 times
02 Tue Jul 2024	483.95	484.00	488.00	471.00	0.268 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 542.7, but if it comes below 542.7, then a intra day sell could be more profitable.
If you take a sell trade below 542.7, then use 542.7 as stoploss and 509.7 as target. However if you take a buy trade in stock , then use 542.7 as stoploss and 582.3 as target.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	363.25
Downside Target	386.00
Downside Target	399.00
Downside Target	429.70
Downside Target	457.60
Downside Target	470.40
Downside Target	490.25
Downside Target	503.60
Downside Target	518.00
Downside Target	542.00
Downside Target	555.60
Upside Target	596.90
Upside Target	598.90

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	547.73
Downside Intraday Target	531.02
Upside Intraday Target	589.03
Upside Intraday Target	613.62
Upside Intraday Target	572.32

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jul 2024	564.45	588.05	596.90	555.60	0.14 times
12 Fri Jul 2024	586.25	540.00	598.90	506.80	1.018 times
05 Fri Jul 2024	522.50	479.35	542.00	471.00	2.779 times
28 Fri Jun 2024	478.45	490.85	503.60	458.60	0.538 times
21 Fri Jun 2024	491.05	509.00	509.00	470.40	0.413 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
15 Mon Jul 2024	564.45	479.35	598.90	471.00	0.758 times
28 Fri Jun 2024	478.45	429.00	518.00	386.00	4.855 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

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 Ponni Sugars (PONNIERODE)

Price action analysis of Ponni Sugars ( (PONNIERODE) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Ponni Sugars 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.

Ponni Sugars 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 coming down

CCI has generated a SELL signal for Ponni Sugars in short term but SELL 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 542.06 and Ponni Sugars (PONNIERODE) 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 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.