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Stock analysis Ponni Sugars (Erode) Limited PONNIERODE

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Moving Averages for Ponni Sugars (Erode) Limited

  • 5Day Average: 312.9
  • 12Day Average: 321.45
  • 20Day Average: 321.18
  • 50Day Average: 312.12
  • 100Day Average: 344.02
  • 150Day Average: 375.54
  • 200Day Average: 407.55

PONNIERODE Indicators & signals

Indicator MACD (12,26,9)

317.73, 318.37, 1.22
Indicator MACD is in negative zone

Indicator ADX (14)

23.11, 16.29, 26.08
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 42
Indicator RSI is indicating buying momentum and stock might rise.

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
09 Fri May 2025 316.65 299.95 to 318.50 1.75% 3.04 times
08 Thu May 2025 311.20 309.05 to 319.90 0% 1.12 times
07 Wed May 2025 311.20 305.10 to 315.65 0.78% 0.77 times
06 Tue May 2025 308.80 308.00 to 318.00 -2.48% 0.83 times
05 Mon May 2025 316.65 313.05 to 320.00 0.17% 0.46 times
02 Fri May 2025 316.10 314.55 to 324.50 -1.14% 1.5 times
30 Wed Apr 2025 319.75 317.50 to 326.60 -1.83% 0.7 times
29 Tue Apr 2025 325.70 322.25 to 332.70 -0.31% 0.86 times
28 Mon Apr 2025 326.70 322.00 to 331.35 0.2% 0.66 times
25 Fri Apr 2025 326.05 320.80 to 340.60 -4% 2 times
24 Thu Apr 2025 339.65 336.90 to 345.65 0.19% 1.1 times
23 Wed Apr 2025 339.00 333.00 to 347.10 -0.66% 1.79 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...

My analysis of Ponni Sugars (Erode) Limited is bearish for shortterm, and stock might move down till 307.4 or till 294.3. Use a stoploss of 318.36 and if the stock hits stoploss, then it can shoot up till 329.31

More indepth analysis on MunafaSutra.com