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Umang Bhutada

13th Nov · SEBI-Registered Analyst

PGIL | TECHNO-FUNDA ANALYSIS

Pearl Global Industries Ltd – 1D

PGIL
Trend: Fresh breakout after long consolidation; strong momentum. Support: ₹1,710 (breakout level) Resistance/Target: ₹1,950 → ₹2,150 → ₹2,400 Technical View: Massive breakout from ₹1,710 after 9-month consolidation with heavy volume. Momentum suggests continuation if retest holds. Fundamentals (Short): Global apparel exporter; strong order book from US & EU, improving margins, and expanding into sustainability-focused fashion exports. Verdict: ✅ Buy on retest near ₹1,710–₹1,730; targets ₹1,950–₹2,400; SL ₹1,670.

#TechnicalViews#FundamentalViews
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