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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 2024-07-31 View latest technical analysis

10 day averaged volume of Ponni Sugars is 105809

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	555.55	566.00	573.05	551.10	0.541 times
30 Tue Jul 2024	565.85	550.00	570.00	542.25	1.038 times
29 Mon Jul 2024	548.95	527.00	554.00	527.00	0.855 times
26 Fri Jul 2024	522.95	542.50	542.50	517.60	0.381 times
25 Thu Jul 2024	530.10	510.00	542.00	510.00	0.72 times
24 Wed Jul 2024	516.00	502.10	533.65	501.10	0.622 times
23 Tue Jul 2024	502.10	509.00	517.80	475.10	0.922 times
22 Mon Jul 2024	509.15	501.00	519.70	498.00	0.973 times
19 Fri Jul 2024	514.00	557.40	559.75	504.70	2.444 times
18 Thu Jul 2024	552.80	575.00	575.00	547.60	1.048 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 561.3 as stoploss in an intra day sell trade for a target of 537.65. However, stock will show a bullish move above 561.3.

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	471.00
Downside Target	490.25
Downside Target	504.70
Downside Target	518.00
Downside Target	542.00
Downside Target	542.50
Upside Target	573.05
Upside Target	596.90
Upside Target	598.90

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	530.68
Downside Intraday Target	505.82
Upside Intraday Target	576.73
Upside Intraday Target	597.92
Downside Intraday Target	551.87

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jul 2024	555.55	527.00	573.05	527.00	0.673 times
26 Fri Jul 2024	522.95	501.00	542.50	475.10	0.605 times
19 Fri Jul 2024	514.00	588.05	596.90	504.70	0.56 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

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
31 Wed Jul 2024	555.55	479.35	598.90	471.00	1.11 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 Weak and stock is gaining 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 buy signal for Ponni Sugars 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 negative zone. This is the SELL 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 529.44 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 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 positive

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