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RSI low/high Values: [ 20 - 75 ]
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AI Analysis of PTL.NS
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PTL Enterprises Limited stock upgraded to Buy Candidate.
(Updated on Jun 25, 2024)

Buy or Hold candidate since Jun 18, 2024 Loss -0.54% PDF

The PTL Enterprises Limited stock price gained 1.14% on the last trading day (Tuesday, 25th Jun 2024), rising from ₹43.69 to ₹44.19. During the last trading day the stock fluctuated 1.35% from a day low at ₹43.86 to a day high of ₹44.45. The price has been going up and down for this period, and there has been a 5.11% gain for the last 2 weeks. Volume fell on the last day by -383 thousand shares and in total, 103 thousand shares were bought and sold for approximately ₹4.57 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the middle of a wide and weak rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 3.38% during the next 3 months and, with a 90% probability hold a price between ₹40.37 and ₹48.32 at the end of this 3-month period.

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PTL.NS Signals & Forecast

The PTL Enterprises Limited stock holds buy signals from both short and long-term Moving Averages giving a positive forecast for the stock. Also, there is a general buy signal from the relation between the two signals where the short-term average is above the long-term average. On corrections down, there will be some support from the lines at ₹43.97 and ₹42.40. A breakdown below any of these levels will issue sell signals. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD). Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. Some negative signals were issued as well, and these may have some influence on the near short-term development. A sell signal was issued from a pivot top point on Wednesday, June 19, 2024, and so far it has fallen -1.03%. Further fall is indicated until a new bottom pivot has been found.

Support, Risk & Stop-loss for PTL Enterprises Limited stock

PTL Enterprises Limited finds support from accumulated volume at ₹43.85 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved ₹0.590 between high and low, or 1.35%. For the last week, the stock has had daily average volatility of 2.57%.

Our recommended stop-loss: ₹42.88 (-2.96%) (This stock has medium daily movements and this gives medium risk. The RSI14 is 83 and this increases the risk substantially. There is a sell signal from a pivot top found 14 days ago.)

Trading Expectations (PTL.NS) For The Upcoming Trading Day Of Wednesday 26th

For the upcoming trading day on Wednesday, 26th we expect PTL Enterprises Limited to open at ₹44.17, and during the day (based on 14 day Average True Range), to move between ₹42.88 and ₹45.50, which gives a possible trading interval of +/-₹1.31 (+/-2.97%) up or down from last closing price. If PTL Enterprises Limited takes out the full calculated possible swing range there will be an estimated 5.94% move between the lowest and the highest trading price during the day.

Since the stock is closer to the resistance from accumulated volume at ₹44.43 (0.54%) than the support at ₹43.85 (0.77%), our systems don't find the trading risk/reward intra-day attractive and any bets should be held until the stock is closer to the support level.

Is PTL Enterprises Limited stock A Buy?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for PTL Enterprises Limited stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

Current score: 1.586 Buy Candidate Upgraded

Predicted Opening Price for PTL Enterprises Limited of Wednesday, June 26, 2024

Fair opening price June 26, 2024 Current price
₹44.17 ( 0.0528%) ₹44.19

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for PTL.NS

Fibonacci Support & Resistance Levels

Level Price
R3 44.76 1.28%
R2 44.53 0.772%
R1 44.39 0.457%
Price 44.19
S1 43.94 -0.563%
S2 43.80 -0.88%
S3 43.58 -1.39%

Accumulated Volume Support & Resistance Levels

Level Price
R3 44.90 1.61%
R2 44.65 1.04%
R1 44.43 0.543%
Price 44.19
S1 43.85 -0.769%
S2 43.69 -1.13%
S3 42.10 -4.73%

PTL Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Jul 12, 2024 Jul 12, 2024 Aug 23, 2024 ₹1.75 3.96%
2 Jul 14, 2023 Jul 14, 2023 Jul 14, 2023 ₹1.75 5.20%
3 Jun 30, 2022 Jun 30, 2022 Jun 30, 2022 ₹2.00 6.36%
4 Jul 01, 2021 Jul 01, 2021 Jul 01, 2021 ₹1.25 4.76%
5 Sep 03, 2020 Sep 03, 2020 Sep 03, 2020 ₹1.25 5.65%

FAQ

What is the symbol for PTL Enterprises Limited Stock and on which exchange is it traded?
The symbol for PTL Enterprises Limited is PTL.NS and it is traded on the NSE (National Stock Exchange of India).

Should I buy or sell PTL Enterprises Limited Stock?
Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for PTL Enterprises Limited stock to perform well in the short-term. We have upgraded our analysis conclusion for this stock since the last evaluation from a Hold/Accumulate to a Buy candidate.

How to buy PTL Enterprises Limited Stock?
PTL Enterprises Limited Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy PTL Enterprises Limited Stock.

What's the current price of PTL Enterprises Limited Stock?
As of the end of day on the Jun 25, 2024, the price of an PTL Enterprises Limited (PTL.NS) share was ₹44.19.

What is the 52-week high and low for PTL Enterprises Limited Stock?
The 52-week high for PTL Enterprises Limited Stock is ₹54.10 and the 52-week low is ₹32.10.

What is the market capitalization of PTL Enterprises Limited Stock?
As of the Jun 25, 2024, the market capitalization of PTL Enterprises Limited is 5.85B.

When is the next earnings date for PTL Enterprises Limited?
The upcoming earnings date for PTL Enterprises Limited is Aug 08, 2024.
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