PIRAMAL ENTERPRISES LTD
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Piramal Positinal and Intraday Short

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PEL Piramal is in a downward spiral consistently for a long time. Piramal being an INFRA is safe to short both for intraday and positional basis.
on hourly charts though there is a breakout of resistance trendline but soon after the breakout there are 2 bearish doji which suggests false breakout.

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