Piramal Ent : Weekly : trend breakout and Momentum

Updated
PEL have shown trend breakout on weekly chart with RoC Momentum with SL is 1730.
one can buy around 50% of gain at 1800-1820 with SL 1730 for better risk reward.
previous Momentum is respected and we are seeing 2nd momentum bar
Note
Demerger news is out, so waiting for this record date. Stock also breakout falling channel
Note
Sept 1st is demerger ... it can see good rally
PELpiramalenterpriseTrend Analysis

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