Stock analysis Ponni Sugars (Erode) Limited PONNIERODE
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Recent prices of PONNIERODE Ponni Sugars (Erode) Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 10 Fri Jan 2025 | 380.50 | 376.00 to 391.95 | -1.95% | 2 times |
| 09 Thu Jan 2025 | 388.05 | 385.00 to 401.50 | -2.33% | 1.5 times |
| 08 Wed Jan 2025 | 397.30 | 391.60 to 400.00 | 0.08% | 0.81 times |
| 07 Tue Jan 2025 | 397.00 | 393.00 to 404.40 | 0.88% | 0.8 times |
| 06 Mon Jan 2025 | 393.55 | 388.15 to 416.95 | -4.34% | 2.18 times |
| 03 Fri Jan 2025 | 411.40 | 410.00 to 416.45 | 0.09% | 0.51 times |
| 02 Thu Jan 2025 | 411.05 | 407.00 to 414.15 | 0.97% | 0.65 times |
| 01 Wed Jan 2025 | 407.10 | 404.70 to 408.95 | 0.32% | 0.94 times |
| 31 Tue Dec 2024 | 405.80 | 400.10 to 409.40 | -0.2% | 1.34 times |
| 30 Mon Dec 2024 | 406.60 | 406.10 to 415.60 | -1.68% | 0.58 times |
| 27 Fri Dec 2024 | 413.55 | 412.00 to 420.75 | -0.79% | 0.68 times |
| 26 Thu Dec 2024 | 416.85 | 407.00 to 419.00 | 1.23% | 0.98 times |
Technical analysis forecast for Ponni Sugars (Erode) 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 Ponni Sugars (Erode) Limited PONNIERODE at this time. Stock is falling and might fall more.
It appears as if Ponni Sugars (Erode) Limited PONNIERODE gave a large move recently.
Stock of Ponni Sugars (Erode) Limited (PONNIERODE) 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...
Although my analysis for Ponni Sugars (Erode) Limited is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 379.9, for a target of 393.7 or 405.16