BUY : PEL-EQ( PEL ) [2412]

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If the stock sustains above ₹1070 and manages a breakout above ₹1100, it may enter a recovery phase and move towards the next resistance levels. In that case, the stock has the potential to test ₹1150 in the short term and even extend towards ₹1200 in the medium term. However, failure to hold above ₹1070 could invite further selling pressure, dragging the stock lower.

  • Key Support Zones: ₹1075 – ₹1070
  • Immediate Resistance: ₹1100
  • Short-term Target (if breakout): ₹1150
  • Medium-term Target: ₹1200