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Stock analysis Piramal Enterprises Limited PEL

More indepth analysis on MunafaSutra.com

Moving Averages for Piramal Enterprises Limited

  • 5Day Average: 966.24
  • 12Day Average: 996.73
  • 20Day Average: 1006.37
  • 50Day Average: 1106.47
  • 100Day Average: 1084.28
  • 150Day Average: 1054.18
  • 200Day Average: 1006.71

PEL Indicators & signals

Indicator MACD (12,26,9)

988.33, 1025.59, -35.34
Indicator MACD is in negative zone

Indicator ADX (14)

55.15, 9.18, 31.77
Indicator ADX is indicating that momentum is still strong.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 45
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PEL Piramal Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
29 Wed Jan 2025 969.70 940.00 to 973.50 2.06% 0.82 times
28 Tue Jan 2025 950.15 902.55 to 984.85 3.9% 5.67 times
27 Mon Jan 2025 914.50 900.00 to 990.00 -7.67% 1.18 times
24 Fri Jan 2025 990.45 982.85 to 1015.85 -1.58% 0.29 times
23 Thu Jan 2025 1006.40 988.20 to 1014.75 1.28% 0.47 times
22 Wed Jan 2025 993.65 976.45 to 1014.25 -1.6% 0.54 times
21 Tue Jan 2025 1009.85 1002.20 to 1031.65 -1.51% 0.36 times
20 Mon Jan 2025 1025.30 1017.00 to 1044.00 -0.63% 0.35 times
17 Fri Jan 2025 1031.80 1006.10 to 1039.00 0.68% 0.36 times
16 Thu Jan 2025 1024.85 1022.55 to 1048.00 0.67% 0.3 times
15 Wed Jan 2025 1018.05 1010.00 to 1034.95 -0.78% 0.48 times
14 Tue Jan 2025 1026.05 960.45 to 1031.25 8.24% 3.58 times

Technical analysis forecast for Piramal Enterprises Limited Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Piramal Enterprises Limited PEL at this time. Stock is falling and might fall more.

It appears as if Piramal Enterprises Limited PEL gave a large move recently.

Stock of Piramal Enterprises Limited (PEL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of Piramal Enterprises Limited is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 967.9 as stoploss in an intra day buy trade for a target of 1011.09. However, stock will show a bearish move below 967.9.

More indepth analysis on MunafaSutra.com