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Technicals for Piramal Enterprises Limited
By MusingTheNews
2025-06-13 20:50
Overall Technical outlook
Price Summary
On 2025-06-13, Piramal Enterprises Limited's stock began at 1129.0, peaked at 1140.7, declined to 1121.0, and ended the day 0.32% higher at 1132.6, with 286165 shares traded. The peak price for the stock in the past 52 weeks is 1269.8, with the lowest price being 869.4. 7 analysts suggest that PEL's future price will lie between 800.0 and 1100.0, with an average expected price of roughly 963.0.
Technicals
Support and Resistance: The price of 1132.6 is supported at 1090.55 and capped by resistance at 1188.2. These levels mark key points for Piramal Enterprises Limited where the price could find stability, with 1090.55 as a floor and 1188.2 as a ceiling. Support/Resistance for PEL
Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for PEL, with no strong trend emerging. Aroon chart for Piramal Enterprises Limited
Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Piramal Enterprises Limited. This suggests a period of market balance, where neither side is showing dominance. Bolinger Bands chart for Piramal Enterprises Limited
Parabolic SAR: The PSAR has just turned from bullish to bearish for Piramal Enterprises Limited, hinting at a possible market downturn. If this move is corroborated by other indicators, it could signal a strong bearish trend. Investors should be cautious and wait for additional confirmation before making decisions. Parabolic Stop and Reverse chart for Piramal Enterprises Limited
Stochastic: The current state of the STOCHASTIC is neutral, with no clear trend direction indicated. This lack of directional bias suggests that the market may be in a phase of consolidation or uncertainty. Stochastic chart for Piramal Enterprises Limited
Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages suggests a bearish trend, but the wavering slopes of the 20 and 50 SMAs hint at a potential shift. This weakening of momentum could indicate that the bearish trend is running out of steam, possibly leading to a bullish reversal in the near future. Investors should be aware of the possibility of a market turnaround as the current downtrend weakens for Piramal Enterprises Limited. Tripple SMA chart for Piramal Enterprises Limited
A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.
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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