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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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SEBI Registration number is INZ000174330
