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Technicals for Piramal Enterprises Limited
By MusingTheNews
2025-08-15 20:50
Overall Technical outlook
Price Summary
On 2025-08-14, Piramal Enterprises Limited's stock began at 1127.2, peaked at 1144.0, bottomed at 1112.0, and closed -0.47% down at 1121.9, with a volume of 310630 shares. During the 52-week span, the stock hit a high of 1339.3 and a low of 872.4. The expected price range is between 950.0 and 1350.0, with a mean anticipated price of 1185.0, according to 7 analysts.
Technicals
Support and Resistance: The current price of 1121.9 is supported at 1075.8, with resistance at 1127.2. This suggests that the price for PEL might remain between these levels, where 1075.8 acts as a floor and 1127.2 as a ceiling in the market. Support/Resistance for PEL
Aroon: Aroon's bearish trend persists for PEL, with Aroon Down holding steady at the 100 level. This suggests ongoing weakness, but further exploration with additional indicators is necessary to fully assess the trend's future trajectory. Aroon chart for Piramal Enterprises Limited
Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation. Bolinger Bands chart for Piramal Enterprises Limited
Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher. Parabolic Stop and Reverse chart for Piramal Enterprises Limited
Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows signs of a mildly bearish trend. This configuration suggests possible weakness for PEL, but the bearish sentiment is not overly strong. Traders should be aware of this potential shift and look for further confirmation. Stochastic chart for Piramal Enterprises Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Piramal Enterprises Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Piramal Enterprises Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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