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Piramal Ent

8 Apr 202101:07 PM

Piramal Enterprises is just below the 20-day moving average at 1834, which is the immediate resistance. The daily momentum indicator has already crossed over to the buy-side. A close above 1834 would add strength to the move higher in wave 3. Wave 3 should go back to test the wave 1 high of 2007 and once that is crossed then the next Fibonacci calculation is where 3=1 near 2584

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