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2020 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
25 Fri Sep 1246.35 1200.00 1253.85 1183.25 11.58 lakhs
24 Thu Sep 1193.75 1220.00 1238.60 1178.55 12.73 lakhs
23 Wed Sep 1237.50 1252.00 1266.25 1205.00 11.95 lakhs
22 Tue Sep 1245.85 1278.95 1283.00 1194.00 17 lakhs
21 Mon Sep 1274.30 1352.50 1354.95 1260.00 12.02 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 1259.3, but if it comes above 1259.3, then a intra day buy could be more profitable.
If you take a sell trade below 1259.3, then use 1259.3 as stoploss and 1199.1 as target. However if you take a buy trade in stock , then use 1259.3 as stoploss and 1309.56 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 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 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.

Intraday technical analysis of Piramal Enterprises

Stock is trading at 1260.35 as on 28 Mon Sep 10:35

Day open is at 1260.00, day high is at 1277.00, day low is at 1244.35, and day volume is at 46.98 lakhs so far.

First 15 minute high low range is 1244.40 - 1263.10

First hour high low range is 1244.35 - 1277.00

Date Intraday Price Open High Low Volume
28 Mon Sep 10:35 1260.35 1260.00 1277.00 1244.35 459104
28 Mon Sep 10:30 1262.70 1260.00 1277.00 1244.35 448008
28 Mon Sep 10:25 1263.25 1260.00 1277.00 1244.35 441470
28 Mon Sep 10:20 1261.10 1260.00 1277.00 1244.35 435131
28 Mon Sep 10:15 1265.00 1260.00 1277.00 1244.35 425807
Intraday PEL chart

Prices of Piramal Enterprises are surely coming down. Look for opportunities to sell in intraday.

Take a trade after 9:30am only.

Piramal Enterprises (PEL) intraday stock price targets

  • EntEntry: 1253.75 or 1234.325
  • Upside target: 1263.1
  • Downside target : 1225.7
  • Second Upside target: 1285.4
  • Second Downside target : 1214.8

Piramal Enterprises (PEL) weekly technical analysis

Date Weekly Close Open Range Volume
25 Fri Sep 1246.35 1352.50 1178.55
1354.95
65.273 lakhs
18 Fri Sep 1351.90 1348.00 1314.00
1403.00
81.524 lakhs
11 Fri Sep 1333.40 1293.40 1246.90
1353.75
129.566 lakhs
04 Fri Sep 1292.40 1517.10 1274.05
1530.00
117.339 lakhs
28 Fri Aug 1511.20 1427.00 1392.00
1563.00
106.551 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Weekly Price action analysis of Piramal Enterprises based on a short to mid term time period is

Piramal Enterprises (PEL) Monthly technical analysis

Date Monthly Close Open Range Volume
25 Fri Sep 1246.35 1380.00 1178.55
1407.10
360.446 lakhs
31 Mon Aug 1367.30 1475.00 1360.10
1563.00
339.899 lakhs
31 Fri Jul 1473.40 1362.00 1352.00
1594.00
381.928 lakhs
30 Tue Jun 1363.80 988.70 985.10
1403.90
605.339 lakhs
29 Fri May 967.70 945.00 802.30
985.00
455.422 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 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.

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: 1407.05
  • Upside daily target: 1335.9
  • Upside daily target: 1264.43
  • Downside daily target: 1197.36

Piramal Enterprises Weekly stock price targets

  • Upside weekly target: 1647.95
  • Upside weekly target: 1516.03
  • Upside weekly target: 1440.15
  • Upside weekly target: 1367.98
  • Upside weekly target: 1300.65
  • Downside weekly target: 1155.25

Piramal Enterprises Monthly stock price targets

  • Upside monthly target: 1792.88
  • Upside monthly target: 1675.78
  • Upside monthly target: 1595.59
  • Upside monthly target: 1503.35
  • Upside monthly target: 1412.7
  • Upside monthly target: 1326.73
  • Upside monthly target: 1262.25
  • Downside monthly target: 1174.45
  • Downside monthly target: 1109.5
  • Downside monthly target: 948.64
  • Downside monthly target: 897.28
  • Downside monthly target: 339.1

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 losing momentum.

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

Piramal Enterprises Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Piramal Enterprises in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 1301.98 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