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| Item Details | Price | ||
|---|---|---|---|
Stock name: Piramal Pharma Ltd.
Pattern: Cup and Handle Pattern
Time frame: Daily
Observation:
The stock has been in a downtrend from the demerger listing price of 200 per share and had tested a low of 63 per share. Stock has formed a nice cup and handle pattern and currently testing its major resistance zone of 96 per share. As per technical analysis, if stock gives a breakout, it may show trend continuation on the upside.
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Disclaimer: This analysis is purely for educational purpose and does not contain any recommendation. Please consult your financial advisor before taking any financial decision.
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