PEL looks good to test higher levels holding today's low.
fresh all time highs for this one coming soon? xD let's see disclaimer-high conviction long term holding for me,hence maybe biased
downward sloping channel breakout with some great price-volume action on this one..we should see a retest of the all time highs pretty soon..tomorrow?considering it's only a 150 buck deficit. fingers crossed.
stock is in up trend underwent a correction it appears that correction finds support around current levels one can look into this stock around current levels for target towards 2842/2879 with sl placed around 2741
On the daily charts of Piramal Enterprise, Negative RSI Divergance has been formed... Looking towards price, it is standing on important support... RSI Negative Divergance is indicating that it may break that support, If it breaks that support we may see more down side.. Targets will be 2760/2700/2650/2600 SL will be 2800 If it dosent break that then...
Stock after hitting recent highs corrected a bit and again Resuming its uptrend. CMP 2816 Stop 2716 Target 2950/3000.
Forming a bull Flag after a triangle breakout.. can do 3100 going forward once breakout is done.
Piramal the new baby of the F&O looks like breaking out.. can easily do previous highs and beyond !
PEL has always respected its 20 day EMA during the massive upmove as shown and now its trading close to its 20 day EMA again. Will it respect again and bounce back to make new highs ???