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Technicals for Piramal Enterprises Limited
By MusingTheNews
2026-02-03 20:51
Overall Technical outlook
Price Summary
On 2025-11-06, Piramal Enterprises Limited's stock began at 1124.2, climbed to 1124.2, dropped to 1124.2, and had 0.0% to end at 1124.2, with a volume of 0 shares. The stock's highest price over the 52-week span is 1339.3, while the lowest price is 872.4. Analysts' predictions indicate that PEL's future price will be between 1015.0 and 1460.0, with a mean price expectation of approximately 1276.4286.
Technicals
Support and Resistance: At 1124.2, the price is supported at 1099.5 and faces resistance at 1127.2. This range suggests that the price for PEL might stay between these levels, with 1099.5 acting as a floor and 1127.2 as a ceiling. Support/Resistance for PEL
Aroon: The bullish trend indicated by Aroon persists, with Aroon Up holding steady at the 100 level. This shows strong market momentum, but further exploration using additional indicators is necessary to confirm the trend's strength and future potential. Aroon chart for Piramal Enterprises Limited
Bol. Bands: The price is currently above the upper Bollinger Band, where it has remained since its last upward move. This suggests strong bullish momentum, potentially indicating an overbought condition. Traders might interpret this as a sign of continued strength, but caution is advised as extended periods above the band could lead to a correction or a pullback in the near future. Bolinger Bands chart for Piramal Enterprises Limited
Parabolic SAR: The PSAR maintains a bearish stance, establishing a resistance level that could act as a barrier to any upward trends. This ongoing bearish outlook suggests that the market may continue to face resistance, keeping prices in check. Parabolic Stop and Reverse chart for Piramal Enterprises Limited
Stochastic: The STOCHASTIC is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play. Stochastic chart for Piramal Enterprises Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. 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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