Analyzing the remarkable 6.9% GDP growth of India in Q4 FY25, exploring...
Technicals for Piramal Enterprises Limited
By MusingTheNews
2025-05-30 20:51
Overall Technical outlook
Price Summary
On 2025-05-30, Piramal Enterprises Limited's stock opened at 1105.0, peaked at 1112.85, hit a low of 1091.3, and closed 0.29% up at 1108.2, with 424622 shares changing hands. Over the course of 52 weeks, the stock peaked at 1269.8 and hit a low of 754.2. The future price of PEL is anticipated to range from 800.0 to 1100.0, with an expected mean price of 963.0, according to the recommendations of 7 analysts.
Technicals
Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Aroon chart for Piramal Enterprises Limited
Bol. Bands: The BOLL BANDS is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move. Bolinger Bands chart for Piramal Enterprises Limited
Parabolic SAR: The PSAR remains bullish in its outlook, establishing a key support level that could serve as a foundation for further upward movement. This persistent bullish stance suggests that the market may continue to trend higher, with the established support providing a potential safety net for investors. Parabolic Stop and Reverse chart for Piramal Enterprises Limited
Stochastic: The STOCHASTIC is in a neutral stance, with no clear signals for movement up or down. This neutral position indicates a potential period of consolidation or uncertainty in the market. Stochastic chart for Piramal Enterprises Limited
Tripple Moving Agerage: The 20, 50, and 100 period moving averages are currently aligned bearishly, indicating a downtrend for PEL. However, the slower SMAs seem to be losing steam, hinting at a possible change. This weakening of the bearish momentum could signal an upcoming shift towards a bullish direction, suggesting that the market may soon experience a reversal from its current trend. Tripple SMA chart for Piramal Enterprises Limited
Before focusing on technical indicators like stock price and volume, it's important to consider a company's fundamentals. These include financial metrics such as profitability, revenue growth, and debt levels. Furthermore, understanding the industry landscape, including competition and consumer trends, provides essential context. By combining this fundamental analysis with technical data, investors can make more informed decisions and draw deeper conclusions about the company's potential for future growth and success.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
This article delves into the development saga of the Kaveri engine for...
By clicking "Accept", you agree to the storing of cookies on your device to enhance site navigation, analyze site usage and assist in our tailored marketing efforts.