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Piramal Enterprises- Breakout Possible

Long
PIRAMAL ENTERPRISE (NSE:PEL)  
Knowablewisdom Updated   
NSE:PEL   PIRAMAL ENTERPRISE
Trend Analysis Chart Patterns longsetup indianstocks piramal longterm strongbuy
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trendanalysis chartpattern longsetup indianstocks piramal longterm strongbuy
📈 Needs to close above 1114 and stay there for the next stage of accumulation to begin. All levels given on the chart. Follow a strict Stop Loss at 953 or 10% below purchase price for higher safety. 🧿This one has legs....Buyback at 1250 complete by Mr. Piramal. Next up on a fundamental basis would be increasing retail footprint or sale of more ancillary biz to focus on the retail NBFC opportunity. India needs 10 more co's the size of Bajaj Finance to get to where it's going. PEL will be one of them IMO. Long term wealth creator...🥂
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Consolidation continues - Still above SL so no sales - Keep holding

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Piramal Enterprises - Long setup
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