PEL NEWS why is Piramal Enterprises Limited price falling or rising

PEL NEWS reasons for why stock price of Piramal Enterprises Limited is falling or rising

PEL Piramal Enterprises is falling or rising technical reasons

Technical analysis forecast for Piramal Enterprises 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 PEL at this time. Stock is falling and might fall more.

It appears as if Piramal Enterprises PEL gave a large move recently.

Stock of Piramal Enterprises (PEL) 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 Piramal Enterprises is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Piramal Enterprises stays below 837, but if it comes above 837, then a intra day buy could be more profitable.
If you take a sell trade below 837, then use 837 as stoploss and 816.3 as target. However if you take a buy trade in Piramal Enterprises, then use 837 as stoploss and 854.15 as target.

PEL Piramal Enterprises is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-18

Company Announcement Piramal Enterprises Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-04-18

Piramal Enterprises invests over Rs 500 cr in Puravankara Projects The investment encompasses a range of projects, spanning from commercial properties to residential ventures, reflecting a strategic collaboration aimed at bolstering real estate endeavours across multiple regions in India. - NEWS as on 2024-04-12 indiatimes.com

Company Announcement Piramal Enterprises Limited has informed the Exchange regarding issuance of Letter of Confirmation in lieu of share certificate lost - NEWS as on 2024-04-02

More announcements and NEWS

PEL Piramal Enterprises Limited current price & indicator signals

Moving Averages for Piramal Enterprises Limited

  • 5Day Average: 841.92
  • 12Day Average: 855.1
  • 20Day Average: 849.94
  • 50Day Average: 875.37
  • 100Day Average: 896
  • 150Day Average: 935.66
  • 200Day Average: 956.37

PEL Indicators & signals

Indicator MACD (12,26,9)

849.84, 857.62, -7.26
Indicator MACD is in negative zone

Indicator ADX (14)

19.72, 19.33, 28.83
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 48
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PEL Piramal Enterprises Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
19 Fri Apr 2024 835.15 825.00 to 839.10 -0.72% 0.57 times
18 Thu Apr 2024 841.20 838.00 to 858.10 0.44% 0.65 times
16 Tue Apr 2024 837.55 825.00 to 849.50 0.1% 0.8 times
15 Mon Apr 2024 836.70 832.00 to 859.80 -2.6% 0.95 times
12 Fri Apr 2024 859.00 855.45 to 879.00 -2.38% 1.08 times
10 Wed Apr 2024 879.95 872.00 to 887.60 0.49% 0.86 times
09 Tue Apr 2024 875.65 863.25 to 881.30 1.24% 0.93 times
08 Mon Apr 2024 864.90 851.00 to 874.00 1.51% 1.61 times
05 Fri Apr 2024 852.05 845.50 to 864.15 -0.53% 1.15 times
04 Thu Apr 2024 856.55 855.00 to 869.75 -0.28% 1.15 times
03 Wed Apr 2024 858.95 855.00 to 862.15 -0.53% 0.81 times
02 Tue Apr 2024 863.50 855.55 to 866.95 0.47% 1.92 times

Videos related to: PEL NEWS why is Piramal Enterprises Limited price falling or rising

 Videos related to: PEL NEWS why is Piramal Enterprises Limited price falling or rising

Hindi Video The Truth Of Stock Markets That Everyone Is Hiding From You

Hindi Basics How To Trade In FnO Futures Options Stock Market

PEL NEWS why is Piramal Enterprises Limited price falling or rising

 

Back to top