rk10

PEL - Box Bottom

NSE:PEL   PIRAMAL ENTERPRISE
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PEL is still respecting its uptrend and bounced from the box bottom. Can look to buy a smaller allocation now at CMP and if markets correct look for another bounce around 2500 to up the allocation.

This stock is going to be a great compounder going forward with a dual pharma and finance company.

SL for this would be 2400. Keeping it slightly deeper since markets are a little volatile.