rk10

PEL - Momentum play

NSE:PEL   PIRAMAL ENTERPRISE
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One of the strongest performing NBFC's + Pharma companies where both businesses are growing.
Many doubted the DHFL acquisition but DHFL always was a solid company and now they have it without having much interest dues to make. The company reported a Q1 profit of 300+ cr which will supplement their income.

Long above 2790 and again above 2860 for targets of 3200.
After first purchase SL can be around 2675.

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