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2021 Piramal Enterprises (PEL) technical analysis [forecast] stock price targets

Piramal Enterprises technical analysis & forecast stock price targets, Daily, Weekly, Monthly technical analysis

Piramal Enterprises deals in Pharmaceuticals Piramal Enterprises option chain analysis

Date Close Open High Low Volume
27 Wed Jan 1421.15 1464.10 1497.60 1411.80 14.15 lakhs
25 Mon Jan 1467.55 1528.00 1533.95 1452.20 20.58 lakhs
22 Fri Jan 1487.45 1564.00 1587.60 1480.45 18.89 lakhs
21 Thu Jan 1563.50 1616.00 1626.35 1547.75 16.07 lakhs
20 Wed Jan 1596.25 1590.50 1609.85 1576.00 12.7 lakhs
PEL chart

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 1447.6, but if it comes above 1447.6, then a intra day buy could be more profitable.
If you take a sell trade below 1447.6, then use 1447.6 as stoploss and 1368.2 as target. However if you take a buy trade in stock , then use 1447.6 as stoploss and 1513.74 as target.

  • Daily Price action analysis of PEL based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

  • Daily Price action analysis of PEL based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

  • Daily Price action analysis of PEL based on a mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Intraday technical analysis of Piramal Enterprises

Stock is trading at 1421.15 as on 27 Wed Jan 15:33

Day open is at 1464.10, day high is at 1497.60, day low is at 1411.80, and day volume is at 542.41 lakhs so far.

First 15 minute high low range is 1450.00 - 1476.50

First hour high low range is 1450.00 - 1479.50

Date Intraday Price Open High Low Volume
27 Wed Jan 15:33 1421.15 1464.10 1497.60 1411.80 1414179
27 Wed Jan 15:29 1420.00 1464.10 1497.60 1411.80 1414179
27 Wed Jan 15:25 1421.90 1464.10 1497.60 1411.80 1394462
27 Wed Jan 15:20 1423.45 1464.10 1497.60 1411.80 1364724
27 Wed Jan 15:15 1423.00 1464.10 1497.60 1411.80 1322232
Intraday PEL chart

Trend of Piramal Enterprises is not defined as of yet. Wait for entry and exit levels given below.

Take a trade after 9:30am only.

Piramal Enterprises (PEL) intraday stock price targets

  • EntEntry: 1463.25 or 1435.5875
  • Upside target: 1476.5
  • Downside target : 1423.5
  • Second Upside target: 1459.38
  • Second Downside target : 1373.58

Piramal Enterprises (PEL) weekly technical analysis

Date Weekly Close Open Range Volume
27 Wed Jan 1421.15 1528.00 1411.80
1533.95
34.732 lakhs
22 Fri Jan 1487.45 1638.95 1480.45
1649.70
114.13 lakhs
15 Fri Jan 1625.15 1534.50 1465.90
1641.10
175.301 lakhs
08 Fri Jan 1524.55 1486.05 1382.00
1569.85
135.721 lakhs
01 Fri Jan 1480.35 1415.00 1402.90
1489.90
64.977 lakhs
weekly PEL chart

Weekly forecast of Piramal Enterprises is negative. Sellers dominated the stock this week, and might continue to dominate in coming days too.

Weekly Price action analysis of Piramal Enterprises based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Weekly Price action analysis of Piramal Enterprises based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Piramal Enterprises (PEL) Monthly technical analysis

Date Monthly Close Open Range Volume
27 Wed Jan 1421.15 1428.85 1382.00
1649.70
476.659 lakhs
31 Thu Dec 1428.65 1405.85 1282.95
1522.60
325.976 lakhs
27 Fri Nov 1388.10 1263.00 1252.55
1478.75
228.833 lakhs
30 Fri Oct 1262.25 1260.10 1197.90
1360.45
258.697 lakhs
30 Wed Sep 1253.50 1380.00 1178.55
1407.10
398.706 lakhs
monthly PEL chart

Monthly forecast of Piramal Enterprises is negative. Sellers dominated the stock this month, and might continue to dominate in coming days too.

Monthly Price action analysis of Piramal Enterprises based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Monthly Price action analysis of Piramal Enterprises based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Piramal Enterprises Daily stock price targets

  • Upside daily target: 1671.68
  • Upside daily target: 1586.41
  • Upside daily target: 1508.99
  • Upside daily target: 1435.59

Piramal Enterprises Weekly stock price targets

  • Upside weekly target: 1720.73
  • Upside weekly target: 1593.31
  • Upside weekly target: 1512.43
  • Upside weekly target: 1429.3
  • Downside weekly target: 1355.4
  • Downside weekly target: 1263.3

Piramal Enterprises Monthly stock price targets

  • Upside monthly target: 1654.7
  • Upside monthly target: 1546.53
  • Upside monthly target: 1465.15
  • Downside monthly target: 1392.63
  • Downside monthly target: 1320.33
  • Downside monthly target: 1254.43
  • Downside monthly target: 1174.45
  • Downside monthly target: 1101.75
  • Downside monthly target: 948.64
  • Downside monthly target: 897.28

Piramal Enterprises (PEL) indicators technical analysis

Price action analysis of Piramal Enterprises (PEL) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Piramal Enterprises stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Piramal Enterprises in short term but the sell signal is initial and weak.

Piramal Enterprises Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Piramal Enterprises in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Piramal Enterprises is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1565.07 and Piramal Enterprises PEL stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Piramal Enterprises PEL stock. Volume based technical analysis of Piramal Enterprises PEL stock is negative.

Piramal Enterprises Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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chart PEL