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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 2024-09-23 View latest technical analysis

10 day averaged volume of Ponni Sugars is 33400

Date	Daily Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	470.60	477.00	479.80	468.50	0.853 times
20 Fri Sep 2024	473.25	457.65	475.40	457.25	1.219 times
19 Thu Sep 2024	455.65	473.00	480.30	451.05	1.027 times
18 Wed Sep 2024	469.85	475.75	478.55	467.50	0.527 times
17 Tue Sep 2024	475.75	480.05	481.50	473.75	0.723 times
16 Mon Sep 2024	478.15	476.00	488.00	476.00	1.264 times
13 Fri Sep 2024	469.25	473.10	478.70	467.30	0.748 times
12 Thu Sep 2024	469.40	475.55	480.25	466.00	0.928 times
11 Wed Sep 2024	469.95	482.80	487.00	465.05	0.75 times
10 Tue Sep 2024	482.80	473.20	487.00	472.25	1.829 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 465 as stoploss in an intra day buy trade for a target of 482.56. However, stock will show a bearish move below 465.

Share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Target	386.00
Downside Target	400.00
Downside Target	451.05
Upside Target	488.80
Upside Target	502.00
Upside Target	518.00
Upside Target	524.40
Upside Target	561.00
Upside Target	598.90

Intraday share price targets for Ponni Sugars (PONNIERODE)

Target Type	Value
Downside Intraday Target	466.13
Downside Intraday Target	461.67
Upside Intraday Target	477.43
Upside Intraday Target	484.27
Upside Intraday Target	472.97

Weekly technical analysis of Ponni Sugars (PONNIERODE)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Mon Sep 2024	470.60	477.00	479.80	468.50	0.179 times
20 Fri Sep 2024	473.25	476.00	488.00	451.05	0.909 times
13 Fri Sep 2024	469.25	469.40	487.00	459.05	0.512 times
06 Fri Sep 2024	468.70	523.40	524.40	459.85	0.867 times
30 Fri Aug 2024	521.40	524.00	561.00	502.00	1.882 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
23 Mon Sep 2024	470.60	523.40	524.40	451.05	0.65 times
30 Fri Aug 2024	521.40	559.00	561.00	488.80	0.308 times
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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 mid to longer 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.

ADX buy sell signal for Ponni Sugars stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

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

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

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 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 buy signal for Ponni Sugars in short term but BUY signal is weak.

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 472.67 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 negative.

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