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By EquityPandit

MARKET OUTLOOKPELSTOCK OUTLOOK

Piramal Enterprises Outlook for the Week (January 29, 2024 – February 02, 2024)

Piramal Enterprises
Piramal Enterprises
Piramal Enterprises closed the previous week on a negative note losing 6.91%.

Technically, Piramal Enterprises share price will see immediate support at 843.70 and immediate resistance would be seen at 906.55.

If Piramal Enterprises share price closes below immediate support of 843.70, then sharp breakdown can be seen. Piramal Enterprises share price will see major support at 813.45 for the week.

1000.001000.00980.00980.00960.00960.00940.00940.00920.00920.00900.00900.00880.00880.00860.00860.00840.00840.00Dec 14Dec 14Dec 19Dec 19Dec 22Dec 22Dec 28Dec 28Jan 2Jan 2Jan 5Jan 5Jan 10Jan 10Jan 15Jan 15Jan 18Jan 18Jan 23Jan 23Reversal Level 887.65BuyBuySellSell

On the positive side, immediate resistance will be seen at 906.55. Closing above 906.55, Piramal Enterprises share price will see a sharp breakout. Major resistance for Piramal Enterprises share price will be seen at 939.15 for the week.

Trading range for Piramal Enterprises share price for this week should be between 780.85 on down side and 969.40 on up side.

Piramal Enterprises Previous Week High: 908.9

Piramal Enterprises Previous Week Low: 846.05

Piramal Enterprises Previous Week Range: 62.85 Points

Piramal Enterprises share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 969.40
Resistance 2 939.15
Resistance 1 906.55
Support 1 843.70
Support 2 813.45
Support 3 780.85
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{"buy_point":[{"en_ltd":"2023-12-22","en_sup_p_91":"902.06","en_sup_t_91":"875.16","prev_close":"881.80","en_close":"915.10","new_date":"Dec 22","prev_close_no":881},{"en_ltd":"2023-12-14","en_sup_p_91":"925.47","en_sup_t_91":"914.96","prev_close":"913.35","en_close":"942.85","new_date":"Dec 14","prev_close_no":913}],"sell_point":[{"en_ltd":"2024-01-17","en_sup_p_91":"918.79","en_sup_t_91":"934.23","prev_close":"929.10","en_close":"902.60","new_date":"Jan 17","prev_close_no":929},{"en_ltd":"2023-12-20","en_sup_p_91":"944.72","en_sup_t_91":"940.89","prev_close":"961.65","en_close":"885.35","new_date":"Dec 20","prev_close_no":961}]}

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