2024-10-29 10:37:13 am | Source: Religare Broking Ltd
Stock of the day : Piramal Enterprises Ltd For Target Rs. 1147 - Religare Broking
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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The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references.
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