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 Tue Feb 2025 | 302.90 | 300.70 to 315.75 | -1.37% | 0.88 times |
| 24 Mon Feb 2025 | 307.10 | 303.75 to 311.05 | -2.55% | 0.57 times |
| 21 Fri Feb 2025 | 315.15 | 308.25 to 320.00 | 1.46% | 0.7 times |
| 20 Thu Feb 2025 | 310.60 | 298.00 to 312.60 | 2.76% | 0.78 times |
| 19 Wed Feb 2025 | 302.25 | 288.00 to 304.80 | 1.46% | 1.09 times |
| 18 Tue Feb 2025 | 297.90 | 289.95 to 306.90 | -2.2% | 0.98 times |
| 17 Mon Feb 2025 | 304.60 | 297.00 to 313.85 | -1.18% | 0.77 times |
| 14 Fri Feb 2025 | 308.25 | 303.20 to 324.80 | -2.85% | 1.62 times |
| 13 Thu Feb 2025 | 317.30 | 316.50 to 327.40 | -0.84% | 0.73 times |
| 12 Wed Feb 2025 | 320.00 | 312.05 to 342.25 | -4.92% | 2.09 times |
| 11 Tue Feb 2025 | 336.55 | 332.95 to 347.60 | -3.33% | 0.65 times |
| 10 Mon Feb 2025 | 348.15 | 340.00 to 359.00 | -2.66% | 1.2 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, but trade for tomorrow is selective. Take a sell trade only if Ponni Sugars (Erode) Limited stays below 303.2, but if it comes above 303.2, then a intra day buy could be more profitable.
If you take a sell trade below 303.2, then use 303.2 as stoploss and 273.4 as target. However if you take a buy trade in Ponni Sugars (Erode) Limited, then use 303.2 as stoploss and 327.99 as target.