Technical Research Report – Piramal Enterprises Ltd. (NSE:

PEL

)

Date: 13th July 2025 Chart Timeframe: Daily Current Technical Context:

has broken out of a 10-day consolidation on the daily chart, indicating a short-term trend reversal to the upside. The stock is forming a higher high and higher low structure, confirming bullish momentum. A bullish Cup and Handle pattern has also formed, increasing breakout probability. A key resistance is near the high of 11th July 2025 at ₹1232.10. A breakout above this level may trigger further rally. Technical Indicators: - MACD is trading above the zero line, confirming bullish strength. - RSI is in the bullish zone, supporting momentum. - A historical gap from 29th August 2022 is yet to be filled, indicating further upside potential. Trade Setup: Trigger Level Stop Loss (Trailing) Target (Short-Term) Target (Long-Term) Above ₹1232.10 ₹1150 ₹1280 ₹1500 Conclusion: Piramal Enterprises Ltd. shows a strong bullish structure on the daily chart, with confirmation from key indicators and a bullish Cup and Handle pattern. A move above ₹1232.10 will likely confirm a breakout, targeting ₹1280 in the near term and ₹1500 in the medium to long term. A trailing stop loss of ₹1150 is recommended to protect gains as the trend progresses. Disclaimer- As a SEBI registered Research Analyst with NISM certification, I want to emphasize that these credentials do not guarantee success in any trade. Investment in the share market is subject to market risk, and past performance is not indicative of future results. Recommendations are for informational purposes only and should not be considered as buy or sell advice. Please conduct your own research and consult a financial advisor before making any investment decisions. We will not be liable for any losses incurred from using this information.