29-10-2024 10:37 AM | Source: Religare Broking Ltd
Stock of the day : Piramal Enterprises Ltd For Target Rs. 1147 - Religare Broking

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Piramal Enterprises Ltd

* The technical setup suggests PEL is in a consistent and steady uptrend.

* In multiple instances, stock has bounced from its rising trend line support zones.

* Also, stock is above its medium and long-term moving averages, keeping positive bias intact.

* Expect the trend to continue with further buying triggers that could lead stock to new highs.

* Traders are recommended to keep up the positive tone and accumulate in the mentioned range for mentioned targets.

Buy Piramal Enterprises Ltd CMP 1075.15 Range 1070-1075 SL 1034 Target 1147

 

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