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We are referring to Piramal Enterprises Limited stock code PEL which has been in a downward trend and the present bearish trend in Nifty is aiding in the fall of the stock.
Piramal Enterprises has broken the ceiling of the falling trend in the medium to long term and thus provides shorting opportunity. Do not buy this stock unless it gives a break upwards through 1670 which will be a positive signal. The stock is assessed as technically negative for the medium to long term.
Piramal Enterprises has broken the ceiling of the falling trend in the medium to long term and thus provides shorting opportunity. Do not buy this stock unless it gives a break upwards through 1670 which will be a positive signal. The stock is assessed as technically negative for the medium to long term.
