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MARKET OUTLOOKPELSTOCK OUTLOOK

Piramal Enterprises Outlook for the Week (May 20, 2024 – May 24, 2024)

Piramal Enterprises
Piramal Enterprises
Piramal Enterprises closed the previous week on a negative note losing 5.32%.

Technically, Piramal Enterprises share price will see immediate support at 805.25 and immediate resistance would be seen at 850.55.

If Piramal Enterprises share price closes below immediate support of 805.25, then sharp breakdown can be seen. Piramal Enterprises share price will see major support at 783.30 for the week.

On the positive side, immediate resistance will be seen at 850.55. Closing above 850.55, Piramal Enterprises share price will see a sharp breakout. Major resistance for Piramal Enterprises share price will be seen at 873.90 for the week.

Trading range for Piramal Enterprises share price for this week should be between 759.95 on down side and 895.85 on up side.

Piramal Enterprises Previous Week High: 851.95

Piramal Enterprises Previous Week Low: 806.65

Piramal Enterprises Previous Week Range: 45.3 Points

Piramal Enterprises share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 895.85
Resistance 2 873.90
Resistance 1 850.55
Support 1 805.25
Support 2 783.30
Support 3 759.95
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