Login or Join
 Learn then Earn

(PEL) Piramal Enterprises complete technical analysis [charts+indicators] | Buy/Sell Piramal Enterprises | (PEL) share price targets

Complete technical analysis of Piramal Enterprises (PEL) by charts plus indicators, forecast predictions and share price targets for Piramal Enterprises (PEL)

10 day averaged volume of Piramal Enterprises is 1513072

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 828.75 830.00 833.00 826.10 0.056 times
17 Fri May 2024 827.20 830.00 830.90 822.05 0.351 times
16 Thu May 2024 823.85 832.00 834.40 816.60 0.506 times
15 Wed May 2024 825.20 835.00 839.90 822.00 0.343 times
14 Tue May 2024 830.25 829.90 836.65 825.50 0.494 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 828.4 as stoploss in an intra day buy trade for a target of 878.36. However, stock will show a bearish move below 828.4.

Share price targets for Piramal Enterprises (PEL)

Target Type Value
Downside Target 806.00
Upside Target 906.75
Upside Target 934.95
Upside Target 937.85
Upside Target 961.60
Upside Target 964.50
Upside Target 966.00
Upside Target 970.60
Upside Target 974.70

Intraday share price targets for Piramal Enterprises (PEL)

Target Type Value
Downside Intraday Target 825.57
Downside Intraday Target 822.38
Upside Intraday Target 832.47
Upside Intraday Target 836.18
Upside Intraday Target 829.28

Weekly technical analysis of Piramal Enterprises (PEL)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 828.75 830.00 833.00 826.10 0.017 times
17 Fri May 2024 827.20 851.00 851.95 806.65 0.422 times
10 Fri May 2024 847.40 967.00 970.60 811.00 1.85 times
03 Fri May 2024 962.20 930.00 966.00 906.75 0.637 times
26 Fri Apr 2024 925.75 842.00 934.95 835.00 3.321 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 Piramal Enterprises (PEL)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 828.75 924.50 970.60 806.65 0.862 times
30 Tue Apr 2024 924.70 853.00 937.85 825.00 0.933 times
28 Thu Mar 2024 849.35 916.00 974.70 806.00 0.953 times
29 Thu Feb 2024 914.75 916.25 964.50 837.20 1.116 times

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 Piramal Enterprises (PEL)

Indicator Name Indicator Value Indicator Signal
ADX 12, 33, 47 Sell
MACD -23, -12Sell
Stochastics 13Sell
CCI -43Buy
RSI 41Sell
OBV 3777846Sell
VWAP 840Sell
ADL 0Sell
ROC -13Sell
Force Index 0Sell

Price action analysis of Piramal Enterprises ( (PEL) ) 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 Piramal Enterprises ( (PEL) ) 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 Piramal Enterprises ( (PEL) ) 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 Piramal Enterprises ( (PEL) ) 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 Piramal Enterprises stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Piramal Enterprises in short term and the sell signal is strong.

Piramal Enterprises 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Piramal Enterprises in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Piramal Enterprises is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 840.22 and Piramal Enterprises (PEL) 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 Piramal Enterprises (PEL) stock. Volume based technical analysis of Piramal Enterprises (PEL) stock is negative.

Piramal Enterprises 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.

Click here for Piramal Enterprises charts

Click here for further forecast and predictions for tomorrow

 Learn then Earn
Back to top | Use Dark Theme