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 |
25 Thu Apr 2024 | 433.45 | 430.50 to 438.95 | 0.37% | 0.59 times |
24 Wed Apr 2024 | 431.85 | 430.00 to 445.00 | -1.82% | 0.61 times |
23 Tue Apr 2024 | 439.85 | 435.00 to 449.90 | 0.07% | 0.88 times |
22 Mon Apr 2024 | 439.55 | 419.10 to 455.45 | 4.48% | 4.21 times |
19 Fri Apr 2024 | 420.70 | 407.55 to 422.80 | 1.13% | 0.49 times |
18 Thu Apr 2024 | 416.00 | 411.10 to 418.95 | 1.06% | 0.47 times |
16 Tue Apr 2024 | 411.65 | 408.85 to 417.80 | -0.52% | 0.35 times |
15 Mon Apr 2024 | 413.80 | 399.00 to 423.95 | -0.85% | 1.08 times |
12 Fri Apr 2024 | 417.35 | 415.55 to 425.95 | -1.24% | 0.53 times |
10 Wed Apr 2024 | 422.60 | 420.00 to 429.35 | 0.67% | 0.58 times |
09 Tue Apr 2024 | 419.80 | 415.00 to 424.80 | 0.48% | 0.8 times |
08 Mon Apr 2024 | 417.80 | 416.85 to 422.70 | -0.8% | 0.62 times |
Technical analysis forecast of Ponni Sugars (Erode) 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 Ponni Sugars (Erode) Limited PONNIERODE at this time. Stock is rising and might rise more.
It appears as if Ponni Sugars (Erode) Limited PONNIERODE gave a large move recently.
Stock of Ponni Sugars (Erode) Limited (PONNIERODE) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Ponni Sugars (Erode) Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Ponni Sugars (Erode) Limited stays above 431.9, but if it comes below 431.9, then a intra day sell could be more profitable.
If you take a sell trade below 431.9, then use 431.9 as stoploss and 422.23 as target. However if you take a buy trade in Ponni Sugars (Erode) Limited, then use 431.9 as stoploss and 443.5 as target.