Technical Analysis of Piramal Enterprises (NSE: PEL) This analysis is shared for educational purposes only and should not be considered financial advice. Overview Piramal Enterprises has shown a promising breakout with significant volume, indicating strong bullish momentum. The Elliott Wave analysis also suggests a positive structure, pointing towards...
Piramal Enterprises Ltd engages in the business of pharmaceuticals and provision of financial services. It operates through the following segments: Pharmaceuticals Manufacturing and Services, Financial Services, and Healthcare Insights and Analytics. In 2011 it saw Fortune 500 ranking Piramal Healthcare in the top-50 largest corporations across India. Piramal...
Piramal Enterprises has formed Descending Triangle pattern Stock has given huge breakout around 930 levels Target would be around 1150-1100 850 is Strong support for long term If we correct then prices may take support around 850 levels. Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
Strong buy signal in Piramal Enterprises
Follow chart for entry, targets and support. Took strong support.
PEL is Bearish in my Opinion it can come up for short term but long term view is negative untill breaks 1147 high then it will reverse.
This stock looking good for the long position or short term gain... Above 915 level. I'm bullish on this stock if price sustain above 915 level and bearish below 782
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
NSE:PEL Breakout on Daily done Retest Complete Now above Retest High level. Volume is almost equal to Average Daily volume Hence expecting upside
Pel, within wave III, wave 1 & 3 were equal, therefore, there is a good chance of wave 5 of wave III getting extended. within wave 5, lower degree wave i and ii looks complete and wave III should now unfold. daily oscillator stochastic has completed its pullback cycle and turned positive in oversold zones, and bands have narrowed. once macd turns positive and...
Piramal enterprise currently trading in the range of 1640-1740. It's chart is looking good for upside. So we give buy recommendation on Piramal enterprise with target of 2000.Logic behind the trade and levels marked on the chart. Strategy: Buy range:1740-1710 Add more @ 1680-1650 SL:1600 Target:1835/1925/1990 Educational purpose only. Consult your financial...
(Daily) - trendline breakout - Above Medium term moving averages - Volume spurt
PEL CAN SHOW 1284, 1250 AND 1180 Disclaimer I am not SEBI REGISTERED Analyst My Studies are Educational purpose only Consult with your financial advisor before trading or investing
If 15 min closes above 1487.90. go long for a target of 1500 at least and trail rest for 1510 -1520.
price make really good breakout of trend line same as head and shoulders pattern
This analysis is purely based on price action The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days Trade strategy is explained in image itself. Always plan your trade & trade your plan Keep trailing SL accordingly once in trade Trade at your own risk and money management Feel free to comment for any queries & suggestion
As per the Technical Analysis Chart Pattern, PEL Share Intraday view. The potential upside with the view of 1334 as the first target from the current price of 1321. We can follow the strict Stop Loss of 1312. It is only Buy Above the resistance of level of 1321. 1343 can be kept as second target. Traders, If you liked this idea, hit the like button and write in...