PEL Outlook for the Week (December 16, 2024 – December 20, 2024)
Piramal Enterprises closed flat on Weekly basis.
Technically, Piramal Enterprises share price will see immediate support at 1,223.57 and immediate resistance would be seen at 1,278.02.
If Piramal Enterprises share price closes below immediate support of 1,223.57, then sharp breakdown can be seen. Piramal Enterprises share price will see major support at 1,194.83 for the week.
On the positive side, immediate resistance will be seen at 1,278.02. Closing above 1,278.02, Piramal Enterprises share price will see a sharp breakout. Major resistance for Piramal Enterprises share price will be seen at 1,303.73 for the week.
Trading range for Piramal Enterprises share price for this week should be between 1,169.12 on down side and 1,332.47 on up side.
Piramal Enterprises Previous Week Open: 1243.9
Piramal Enterprises Previous Week High: 1275
Piramal Enterprises Previous Week Low: 1220.55
Piramal Enterprises Previous Week Close: 1252.3
Piramal Enterprises Previous Week Range: 54.45 Points
Piramal Enterprises share price support and resistance for the week (December 16, 2024 - December 20, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 1,332.47 |
| Resistance 2 | 1,303.73 |
| Resistance 1 | 1,278.02 |
| Support 1 | 1,223.57 |
| Support 2 | 1,194.83 |
| Support 3 | 1,169.12 |
