TradingView
Bravetotrade
Jun 13, 2020 8:00 AM

PEL: The Pullback Trade Long

NSE:PEL1D
PIRAMAL ENTERPRISENSE

Description

⋅
Everything is explained on the chart.
Do like and comment.
Regards
JJSingh

Comment

⋅
It will stay range bound until it gives closings above 1085

Comment

⋅
CMP 1038

Comment

⋅
PEL is flying with a strong break of consolidation.
CMP 1100

Trade closed: target reached

⋅
First target zone hit..cmp 1272

Trade closed: target reached

⋅
1420 hit.
Chart PatternsPELtrianglebreakMarubozupullbacktradetargetprice
Comments
sankaranarayanan95
⋅
maruzodu plus triangle pattern does wonders.
ReviveTraders
⋅
great analysis
Einstein15
⋅
Jag Jit Singh !!!! So thats the name behind the Brave Bravo :D
Bravetotrade
⋅
@Einstein15, u r the real spy..i wonder how u dig so deep.
Einstein15
⋅
@Bravetotrade, thankzzz :D. well thats the first time i saw you sign of with JJSINGH. .rest it just my creative improvisation :P
Bravetotrade
⋅
@Einstein15, haha..u r Einstein..of course u r..
Ragavendra
⋅
Nice catch. In your next artical if you can give some write up on how do you find trending stocks, it will help us a lot.
snpvadakkeymadom
⋅
Neat and correct analysis but you have not mentioned the time limit for achieving this target
Bravetotrade
⋅
@snpvadakkeymadom, Thanks. Target time depends upon market environment. Ideally it should be a week or so.
viveksun845
⋅
Great analysis
More