Get started

Piramalenterprise

PEL: Perfect Cup & Handle Breakout That Could Double Your MoneyNSE:PEL : The Perfect Cup & Handle Breakout That Could Double Your Money? Let's Analyse Price Action Analysis: • Stock has formed a classic Cup & Handle pattern over approximately 8 months (Dec 2024 to July 2025) • The "cup" formation shows a rounded bottom with the low around ₹850-900 levels in March 2025 • Current breakout above the handle resistance at ₹1,200 levels with strong momentum • Price has surged from ₹1,158.70 to ₹1,217.50 with a healthy 4.69% gain on breakout day • The handle formation shows controlled consolidation with lower volumes, indicating accumulation Volume Spread Analysis: • Volume spike of 2.51M shares on breakout day, significantly higher than the 20-day average • During the cup formation, volume was relatively subdued, showing smart money accumulation • The breakout volume of 556.96K is substantial, confirming the validity of the pattern • Volume profile shows institutional participation during the base-building phase Key Support and Resistance Levels: • Primary Support: ₹1,150-1,160 (previous handle resistance now acting as support) • Secondary Support: ₹1,100-1,120 (handle low) • Major Support: ₹1,000-1,020 (cup rim level) • Immediate Resistance: ₹1,240-1,250 • Major Resistance: ₹1,275 (all-time high) • Target Resistance: ₹1,400-1,450 (measured move from cup depth) Base Formation: • 8-month base formation from Dec 2024 to July 2025 • Base depth: Approximately 35-40% from highs to lows • Constructive base with multiple retests of support levels • Base shows characteristics of institutional accumulation with controlled selling pressure Technical Patterns: Cup & Handle Pattern: • Perfect textbook Cup & Handle formation with 8-month duration • Cup depth of approximately ₹400 (from ₹1,240 to ₹850) • Handle formed over 6-8 weeks with declining volume • Breakout above ₹1,200 with expanding volume confirms pattern completion • Measured target: ₹1,600+ (adding cup depth to breakout level) Additional Patterns: • Ascending triangle formation within the handle • Multiple higher lows during the recovery phase • Bullish flag pattern preceding the final breakout • Volume price confirmation throughout the pattern development Trade Setup: Entry Strategy: • Aggressive Entry: ₹1,210-1,220 (on breakout confirmation) • Conservative Entry: ₹1,180-1,190 (on pullback to breakout level) • Scale-in Entry: 50% at ₹1,210, 50% at ₹1,190 if pullback occurs • Entry should be accompanied by volume expansion above 1.5x average Exit Strategy: • Target 1: ₹1,320-1,340 (8-10% upside) • Target 2: ₹1,450-1,480 (20-25% upside) • Target 3: ₹1,600-1,650 (pattern target, 35-40% upside) • Partial profit booking at each target level (33% each) Stop-Loss Management: • Initial Stop-Loss: ₹1,150 (below handle support) • Trailing Stop-Loss: Move to breakeven once Target 1 is achieved • Progressive Stop-Loss: ₹1,250 after Target 1, ₹1,350 after Target 2 • Risk-Reward Ratio: 1:2.5 minimum for the trade setup Risk Management: Position Sizing: • Maximum allocation: 3-5% of the portfolio for this single position • Scale-in approach recommended for average entry price • Avoid concentrating more than 10% in the financial services sector • Consider correlation with other financial holdings Risk Mitigation: • Set alerts at key support and resistance levels • Monitor volume patterns for any divergence signals • Keep track of broader market sentiment and financial sector performance • Regular review of stop-loss levels and profit booking strategy • Avoid averaging down if the stop-loss is triggered Sectoral Analysis: Financial Services Sector Overview: • NBFC sector showing signs of recovery post-COVID consolidation • Regulatory environment becoming more favourable for established players • Credit growth revival benefiting well-capitalized NBFCs • Sector rotation from growth to value creates opportunities in the financial space Sector Positioning: • NSE:PEL is positioned in the diversified financial services space • Benefits from real estate cycle recovery and pharma business stability • Regulatory changes favouring larger, well-capitalized players • Sector P/B multiples are still reasonable compared to historical averages Fundamental Backdrop: Company Overview: • Diversified conglomerate with presence in financial services, pharmaceuticals, and real estate • Strong balance sheet with improved asset quality metrics • Management focuses on deleveraging and core business strengthening • Strategic divestments are improving cash flows and reducing the debt burden Past/Recent Developments: • Successful completion of major asset sales improves the liquidity position • Pharma business showing steady growth with new product launches • Real estate segment benefiting from sector recovery • Financial services arm gaining market share in target segments Valuation Metrics: • Trading at reasonable valuations compared to sector peers • Improved return ratios and asset quality metrics • Strong cash generation from core operations • Debt reduction improving financial flexibility and credit ratings Growth Catalysts: • Real estate sector recovery driving housing finance growth • Pharma business expansion in domestic and international markets • Potential for higher ROE as leverage normalizes • Market share gains in target financial services segments My Take: This technical setup in NSE:PEL presents a compelling risk-reward opportunity with the stock breaking out from a well-formed base pattern, supported by improving fundamentals and favourable sector dynamics. Keep in the Watchlist. NO RECO. For Buy/Sell. 📌Thank you for exploring my idea! I hope you found it valuable. 🙏FOLLOW for more 👍BOOST if you found it useful. ✍️COMMENT below with your views. Meanwhile, check out my other stock ideas on the right side until this trade is activated. I would love your feedback. Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER." This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:PELLong
by Karanshah137
36
Piramal Enterprises Ltd - Value Investing?Piramal Enterprises Ltd - Analysis The stock is displaying a promising bullish candlestick pattern , signaling a potential halt to its recent downtrend and a possible upward turn in the short term. There is price and psi divergence seen on daily chart, which is positive indication. Moreover, the stock seems to present an appealing value investment opportunity based on two crucial valuation metrics: Price/Book Ratio of 0.69 : This indicates that the stock price is relatively low compared to the company's book value, reflecting a potentially undervalued asset. Price/Cash Flow Ratio of 14.12 : This ratio suggests that the share price is reasonably low when weighed against the company's generated cash flow, indicating a potentially favorable investment in terms of cash flow generation. Additionally, the Earnings Yield of 18% signifies the return the company generates on each invested dollar, indicating a relatively robust performance in generating earnings. PLEASE NOTE THAT: This chart analysis is only for reference purpose. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade
NSE:PEL
by hardeepssethi
2
PEL - Ready For Stage 2 Breakout on Weekly ChartPiramal Enterprises Ltd shows bullish technical patterns that indicate a potential upward movement if certain breakout conditions are met. Here’s a detailed technical analysis: Long-Term Downtrend: The stock was in a prolonged three-year downtrend, followed by a 2.5-year consolidation range, indicating that the stock was in a base-building phase after a significant decline. This consolidation suggests that sellers have been exhausted, and the stock may be preparing for a reversal. Cup and Handle Pattern: The chart forms a classic cup and handle pattern, a reliable bullish continuation pattern. The "cup" spans approximately 53 weeks, and a handle has recently formed. This pattern indicates potential for an upward breakout if the stock closes above the handle’s resistance. Stage 2 Breakout Area: A strong horizontal resistance line marks the breakout area for Stage 2. This is the critical level the stock needs to break above to confirm the cup and handle pattern, signaling the beginning of an uptrend. Higher Low Base: During the formation of the cup, the stock established a higher low base, showing strengthening buyer interest and reducing downward pressure. This higher low base reinforces the bullish setup, as it signifies accumulation. Volume: Volume appears to be rising as the stock approaches the breakout area, a positive indicator that there’s growing interest and that the breakout could be strong. Targets: If the stock breaks above the handle resistance, it could achieve the following projected targets: Target 1: ₹1,270 Target 2: ₹1,400 Target 3: ₹1,500 Entry Point: The recommended entry point is above the handle breakout, as this would confirm the cup and handle pattern, providing a strong bullish signal. Conclusion The chart of Piramal Enterprises Ltd indicates a potential bullish reversal after a prolonged downtrend and consolidation phase. A successful breakout above the handle would confirm the cup and handle pattern, leading to potential gains toward the outlined targets. Rising volume and a stable higher low base support this bullish outlook.
NSE:PELLong
by Profit_Trader25
Piramal Enterprises Ltd by KRS Charts13th Sept 2024 / 10:48 AM Why PEL❓ 1. Bird View in PEL seems Sideways to Bullish can be Good Opportunity at this level for Long Term Investment. ⬆️ 2. Elliot Wave Count, let's direct talk about current wave where PEL standing is (III) Wave is started in smaller cycle < which is part of 3rd Wave in medium cycle 🤩 3. W pattern is about to Break giving little early entry as per wave counts. 👌 Target is major Resistance as we can see in Chart. 🎯 Note - Wave count is speculative So Focus should be on Target 1 for now only. 🙏
NSE:PELLong
by KRSCharts
PIRAMAL ENTERPRISE - Reversal Structure | Must on RadarPrice Analysis & Overview: 1. Trying to do price structure shift. 2. Reversal possibility. 3. A Strong Trendline break is expected. 4. EMA is still not bullish. 5. Good volumes coming in 6. Earnings are unstable. Trade Plan: i) If strong breakout happens, post-confirmations entry will be planned above 964. ii) RRR is looking favourable for now. - Stay tuned for further insights, updates and trade safely! - These are my personal views. - If you liked the analysis, don't forget to leave a comment and boost the post. Happy trading! Disclaimer: This is NOT a buy/sell recommendation. This post is meant for learning purposes only. Please, do your due diligence before investing. Thanks & Regards, Anubrata Ray
NSE:PEL
by SuperNova396
PEL forming doji pattern at 38.2% Fibonacci levelsPEL has been a slow runner. Currently on a monthly chart basis it is forming a doji kind of pattern at the Fibonacci levels of 38.2% which is based on the high and low of the chart . Expecting some trend turnaround on this one atleast for short term. With such a pattern I personally expect 2 levels up on the Fibonacci levels which are 1042-1211 on a monthly basis. If good strength is shown in the chart then the levels of 1400 is not far away if overall market behaves positively. It's a monthly chart so will take quite some time to reach. Base of 738 and 660. No recommendations, just my view based on chart pattern that is currently formed.
NSE:PELLong
by viki9
Piramal Enterprise Short Term TargetsThe FASP for Piramal Enterprise is listed for 22-12-2022 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: Up to 6 Months How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:PELShort
by SathishChandrasekaran
PEL ||15-12-2022||SWING AND SHORT TERMI AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dotted line--Supportive line **Red dotted line--Resistance line **Black up and down arrow--touches of support and resistance line **cmp:915 In this chart, I can see accumulation zone after bad fall. The Resistance Line was breached with very good candle and retested looks good for long term 100% returns keep following We will grow like healthy society.
NSE:PELLong
by Purushothg19
How to know that a double top or bottom will failHello Everyone as you can see here we have made two lines at the top and two lines at the bottom of the same height and you can see how it worked very well and told you very early that where it could be down and have to be cautious but it doesn't mean that everytime you find something like this you should be cautious at there and ready to exit and take the profit. Hope you get something new to learn if than pls like and follow us thanks bye.
NSE:PELEducation
by UKnowN_ThE
6