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RoC_Momentum
Aug 14, 2022 6:00 AM

Piramal Ent : Weekly : trend breakout and Momentum  Long

PIRAMAL ENTERPRISENSE

Description

PEL have shown trend breakout on weekly chart with RoC Momentum with SL is 1730.
one can buy around 50% of gain at 1800-1820 with SL 1730 for better risk reward.
previous Momentum is respected and we are seeing 2nd momentum bar

Comment

Demerger news is out, so waiting for this record date. Stock also breakout falling channel

Comment

Sept 1st is demerger ... it can see good rally
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