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Stock analysis Piramal Enterprises Limited PEL

More indepth analysis on MunafaSutra.com

Moving Averages for Piramal Enterprises Limited

  • 5Day Average: 881.81
  • 12Day Average: 864.52
  • 20Day Average: 860.96
  • 50Day Average: 874.22
  • 100Day Average: 894.57
  • 150Day Average: 929.02
  • 200Day Average: 954.78

PEL Indicators & signals

Indicator MACD (12,26,9)

872.16, 866.46, -2.98
Indicator MACD is in positive zone

Indicator ADX (14)

32.57, 36.91, 18.77
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 52
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
26 Fri Apr 2024 925.75 907.95 to 934.95 1.96% 2.73 times
25 Thu Apr 2024 907.95 866.50 to 911.30 3.29% 2.12 times
24 Wed Apr 2024 879.05 861.15 to 885.00 2.28% 1.49 times
23 Tue Apr 2024 859.45 844.00 to 863.55 2.7% 0.87 times
22 Mon Apr 2024 836.85 835.00 to 849.90 0.2% 1.28 times
19 Fri Apr 2024 835.15 825.00 to 839.10 -0.72% 0.49 times
18 Thu Apr 2024 841.20 838.00 to 858.10 0.44% 0.56 times
16 Tue Apr 2024 837.55 825.00 to 849.50 0.1% 0.69 times
15 Mon Apr 2024 836.70 832.00 to 859.80 -2.6% 0.82 times
12 Fri Apr 2024 859.00 855.45 to 879.00 -2.38% 0.93 times
10 Wed Apr 2024 879.95 872.00 to 887.60 0.49% 0.74 times
09 Tue Apr 2024 875.65 863.25 to 881.30 1.24% 0.81 times

Technical analysis forecast of Piramal Enterprises Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Piramal Enterprises Limited PEL at this time. Stock is rising and might rise more.

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

Stock of Piramal Enterprises Limited (PEL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

Although my analysis for Piramal Enterprises Limited is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 917.9, for a target of 890 or 866.8

More indepth analysis on MunafaSutra.com