Stock analysis Piramal Enterprises Limited PEL
More indepth analysis on MunafaSutra.com
Recent prices of PEL Piramal Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 16 Tue Apr 2024 | 837.55 | 825.00 to 849.50 | 0.1% | 0.7 times |
| 15 Mon Apr 2024 | 836.70 | 832.00 to 859.80 | -2.6% | 0.84 times |
| 12 Fri Apr 2024 | 859.00 | 855.45 to 879.00 | -2.38% | 0.96 times |
| 10 Wed Apr 2024 | 879.95 | 872.00 to 887.60 | 0.49% | 0.76 times |
| 09 Tue Apr 2024 | 875.65 | 863.25 to 881.30 | 1.24% | 0.83 times |
| 08 Mon Apr 2024 | 864.90 | 851.00 to 874.00 | 1.51% | 1.43 times |
| 05 Fri Apr 2024 | 852.05 | 845.50 to 864.15 | -0.53% | 1.02 times |
| 04 Thu Apr 2024 | 856.55 | 855.00 to 869.75 | -0.28% | 1.02 times |
| 03 Wed Apr 2024 | 858.95 | 855.00 to 862.15 | -0.53% | 0.72 times |
| 02 Tue Apr 2024 | 863.50 | 855.55 to 866.95 | 0.47% | 1.7 times |
| 01 Mon Apr 2024 | 859.50 | 853.00 to 864.95 | 1.2% | 0.72 times |
| 28 Thu Mar 2024 | 849.35 | 847.05 to 889.95 | 1.09% | 4.64 times |
Technical analysis forecast for Piramal Enterprises 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 Piramal Enterprises Limited PEL at this time. Stock is falling and might fall more.
It appears as if Piramal Enterprises Limited PEL gave a large move recently.
Stock of Piramal Enterprises Limited (PEL) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Piramal Enterprises Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Piramal Enterprises Limited stays below 838.4, but if it comes above 838.4, then a intra day buy could be more profitable.
If you take a sell trade below 838.4, then use 838.4 as stoploss and 815.2 as target. However if you take a buy trade in Piramal Enterprises Limited, then use 838.4 as stoploss and 857.72 as target.