PPL NEWS why is Prakash Pipes Limited price falling or rising

PPL NEWS reasons for why stock price of Prakash Pipes Limited is falling or rising

PPL Prakash Pipes is falling or rising technical reasons

Technical analysis forecast for Prakash Pipes 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 Prakash Pipes PPL at this time. Stock is falling and might fall more.

It appears as if Prakash Pipes PPL gave a large move recently.

Stock of Prakash Pipes (PPL) 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 Prakash Pipes is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Prakash Pipes stays below 509.7, but if it comes above 509.7, then a intra day buy could be more profitable.
If you take a sell trade below 509.7, then use 509.7 as stoploss and 486 as target. However if you take a buy trade in Prakash Pipes, then use 509.7 as stoploss and 529.48 as target.

PPL Prakash Pipes is falling or rising NEWS fundamental reasons

Is PPL Stock Underperforming the S&P 500? PPL has lagged behind the S&P 500 over the past year, yet analysts remain bullish on the stock’s prospects. - NEWS as on 2024-12-20 nasdaq.com

Company Announcement Prakash Pipes Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-11-18

Company Announcement Prakash Pipes Limited has informed the Exchange regarding Board meeting held on November 14, 2024. - NEWS as on 2024-11-14

Company Announcement Prakash Pipes Limited has informed the Exchange about Loss of Share Certificates - NEWS as on 2024-11-13

Company Announcement - NEWS as on 2024-11-13

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended September 30, 2024 - NEWS as on 2024-11-05

Company Announcement Prakash Pipes Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 30, 2024 - NEWS as on 2024-10-01

More announcements and NEWS

PPL Prakash Pipes Limited current price & indicator signals

Moving Averages for Prakash Pipes Limited

  • 5Day Average: 525.9
  • 12Day Average: 540.32
  • 20Day Average: 529.64
  • 50Day Average: 529.86
  • 100Day Average: 555.81
  • 150Day Average: 524.81
  • 200Day Average: 487.32

PPL Indicators & signals

Indicator MACD (12,26,9)

529.83, 529.62, 2.63
Indicator MACD is in positive zone

Indicator ADX (14)

32.18, 16.06, 31.3
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of PPL Prakash Pipes Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
20 Fri Dec 2024 499.50 486.15 to 529.00 -4.77% 0.99 times
19 Thu Dec 2024 524.50 520.50 to 531.80 -1.5% 0.61 times
18 Wed Dec 2024 532.50 530.35 to 544.80 0% 0.35 times
18 Wed Dec 2024 532.50 530.35 to 544.80 -1.48% 0.35 times
17 Tue Dec 2024 540.50 538.90 to 559.00 -1.41% 0.51 times
16 Mon Dec 2024 548.25 545.50 to 562.50 -1.34% 0.52 times
13 Fri Dec 2024 555.70 530.25 to 562.90 1.75% 0.97 times
12 Thu Dec 2024 546.15 540.70 to 563.30 -1.62% 0.65 times
11 Wed Dec 2024 555.15 551.35 to 567.95 -2.11% 0.95 times
10 Tue Dec 2024 567.10 558.75 to 574.10 1.15% 1.88 times
09 Mon Dec 2024 560.65 522.40 to 565.90 7.54% 3.23 times
06 Fri Dec 2024 521.35 511.50 to 524.40 1.79% 0.56 times

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PPL NEWS why is Prakash Pipes Limited price falling or rising

 

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