Stock of the day : Buy Piramal Enterprises Ltd For Target Rs.1185 - Religare Broking
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* PEL has been in a strong uptrend from the last more than six months.
* It has given fresh breakout from Ascending pattern holding above its short term moving averages .i.e 20 EMA.
* The price pattern coupled with uptick in volumes indicates bullish tone to continue.
* We thus advise creating fresh longs in the mentioned zone.
Buy Piramal Enterprises Ltd CMP 1124.75; Range 1124-1127; SL 1095; Target 1185
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