PEL Trade ideaPiramal Enterprises Ltd I am keeping my GTT ready @ 825 SL @ 785 to 780 Disclaimer The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by Me.Longby Asterix_VasishtaUpdated 5
Piramal Enterprises Ltd view for Intraday 8th October #PEL Piramal Enterprises Ltd view for Intraday 8th October #PEL Buying may witness above 1011 Support area 1000-1002. Below ignoring buying momentum for intraday Selling may witness below 993 Resistance area 1002 Above ignoring selling momentum for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra1
Reverse Head & Shoulders Pattern going to form in PELPEL at its support zone ,Its forming Reverse Head & Shoulders Pattern ,Stock in oversold zoneLongby siddharath_23Updated 1
PELPiramal Ent board OKs raising Rs 150-cr via NCDs, The base issue size is of Rs 50 crore along with a green shoe option to retain over subscription of up to Rs 100 crore, aggregating to Rs 150 crore. These secured, rated, listed, redeemable, NCDs have a coupon rate of 9.5% per annum paid annually and on redemption date, which is 7 July 2034. The debentures are proposed to be listed on the wholesale debt market (WDM) segment of the Bombay Stock Exchange (BSE)/ National Stock Exchange (NSE). NSE is the designated stock exchange. Piramal Enterprises (PEL) is a leading diversified NBFC in India with a presence across retail lending, wholesale lending, and fund-based platforms. The company has investments and assets worth around $10 billion, with a network of branches across 26 states/UTs. The NBFC reported 64.33% fall in consolidated net profit to Rs 181.48 crore in Q1 FY24 as against Rs 508.78 crore posted in Q1 FY24. Total income fell 25.99% to Rs 2,145.38 crore in Q1 FY25 as compared to Rs 2,898.79 crore posted in corresponding quarter last year. The scrip ended 0.33% higher at Rs 1,004.40 on the BSE. Longby gakingofkings0
SWING IDEA - PELNSE:PEL has completed its Lower Low Pattern last year March and has ever since being forming a new Higher High Pattern. At the same time the Price Action and MACD also formed a good Convergence Divergence. Currently the MACD also about to cross in the coming week. This indicates a bullish pattern and chances of going up from here. 915 has formed as a good Support Level and is holding well so far. Once the crossover happens, the stock looks good at least until its Swing High levels. Longby thepranamUpdated 443
PEL cmp 1119After covid in 2021 stock give a strong upside rally.Stosk was in a downtrend in March 2023. Then consolidating till now. Stock was facing a resistance at 1050 area. Now stock breakout this area and making a Double Bottom pattern on monthly chart. Upper bollinger band breakout is a good sign and confirmation in this stock.We can find a good Risk and Reward in this stock chart.Longby SUMIT_DHIMAN_MZN_UP0
Long-term continuation patternGood volume buildup in daily and weekly timeframe. Breakout of 2 year old long-term continuation pattern with significant volume. Fundamentals looks good for long-term but short-term doesn't look good enough. NOTE: I do my analysis, do yours before trade. Longby GreyandWise2
Piramal enterprises Stock :- Piramal enterprises Trend :- positive Timeframe :- weekly Setup :- W pattern breakout Buy:- at current price in split form capital Stoploss:- breakout weekly candle low Risk & reward :- 1:3 Note :- consult your advisor before investing in stocks which I recommended you.Longby nishant26dec20012
PEL LongPEL looking good breaking the trendline and approaching a confluence point. it could be accumulated between 890- 860 if it comes or even at current price for an aggressive trader.by skrishna859
PEL looking Forming like Cup with HandlePEL looking Forming like Cup with Handle Breakout level is 987. Above this level buying will be good. Longby Victor12a9jUpdated 16
pel resistance breakout pel has givn resistance breakout .. cmp: 992. first target will be 1006 second will be 1014Longby sakaravarthi25142
PEL Brakeout - Piramal Industries Gives Brakeout on Daily chartNSE:PEL PEL gives brake out on daily chart. I am buying this stock Near 975 And follow sl on 865 My target will be 1135 My risk reward ratio is 1:1.50 Return on capital 16%Longby Option_Premi6
Navigating the Waves: Piramal Enterprises Technical StudyTechnical 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 potential further gains. Elliott Wave Analysis Wave 1: The stock completed its first impulse wave (1) near 1,140 INR. Wave 2: The corrective wave (2) concluded around 735.85 INR. Wave 3: The ongoing wave is expected to be an impulse wave 3, targeting higher levels. Current Structure - The stock has completed the corrective wave C of (2) and is now in the early stages of wave 3. - The recent breakout above the black trendline suggests the start of wave (i) of 3, supported by increasing volume, adding to the bullish sentiment. Key Levels - Current Price: 977.85 INR - Nearest Invalidation Level: 905.00 INR - Major Invalidation Level: 630.45 INR Targets - Elliott wave suggests ahead wave 3 first levels (1.0 Fibonacci Extension of Wave 1): 1,246.00 - Elliott wave suggests ahead wave 3 ideal level (1.618 Fibonacci Extension of Wave 1): 1,561.25 Conclusion Piramal Enterprises has provided a strong breakout backed by volume, aligning well with the Elliott Wave theory. The structure indicates a continuation of the uptrend with potential targets at 1,246 INR and 1,561.25 INR. The nearest invalidation level is at 905 INR, with a major invalidation level at 630.45 INR. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK💕 Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing. by RK_Chaarts21
PIRAMAL ENTERPRISEPIRAMAL ENTERPRISE The chart looks good :) bullish engulfing is a break in monthly TF. Bollinger bands also break in daily TF, Near weekly TF . . Small entry with small SL -(today low CB) . . I am waiting for the result for full confirmation. :) Longby kartikhere6
PIRAMAL ENTERPRISE S/R Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement. by zenthosh1
PELNSE:PEL One Can Enter Now ! Or Wait for Retest of the Trendline (BO) ! Or wait For better R:R ratio ! Note : 1.One Can Go long with a Strict SL below the Trendline or Swing Low. 2. R:R ratio should be 1 :2 minimum 3. Plan as per your RISK appetite and Money Management. Disclaimer : You are responsible for your Profits and loss, Shared for Educational purposeLongby CreativeCreature3
Another DoozyWe are seeing our analysis over the last couple of months play out beautifully. I would like to start zooming in and posting entry confirmation. With Higher Time fram analysis we need to look at appropriate risk and entries.01:17by smdcosta551
PEL IS READY TO FLY FROM HEREPEL can double from here with in a year. Sl below the trend line. Chart is self explanatory. Please follow the price action & take the trade as per your appetite. The information provided here is only for educational purpose. The information provided here is not intended to be any kind of financial advice, investment advice, and trading advice. Investment in stock market is very risky and trading stocks, options and other securities involve risk. The risk of loss in stock market can be substantial. Moreover, I am not a SEBI registered analyst, so before taking any decision or before investing in any Share consult your financial advisor and also do your analysis and research. Request your support and engagement by liking and commenting & follow to provide encouragement.Longby VivekUshaRastogii2
Like clockworkWell maybe not exactly like clock work but you get the picture. We have predicted the lows and current area of price. I will look for a deeper dig into the OTE and monthly order block before taking price higher.Long01:16by smdcosta0
In trading patience pays.We are still in chop city for these futures. We need to wait for these lows to be taken.Longby smdcosta1
Move lower to drive higher.Patience is required when we look at daily time frame analysis. But remember HTF order flow is KING. Buys from the OTE marked.00:48by smdcosta0
Trying to move and rediscover old gloryPiramal 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 Enterprises Ltd CMP is 925.75. The Negative aspects of the company are High Valuation negative PE (P.E. = -10.30), Declining cash from operations annual and FIIs are decreasing stake. The positive aspects of the company are Low debt, zero promoter pledge, MFs are increasing stake and improving annual net profit. Entry after closing above 932. Targets in the stock will be 971, 1010 and 1055. Long term targets in the stock will be 1085 and 1138. Stop loss in the stock should be maintained at closing below 848. The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.Longby Happy_Candles_Investment0
PELI Have learnt technical analysis for swing trade , please gothrough full video take it as learning video and do your analysis, feel free to comment.04:32by sugankavi111