Knowablewisdom

Piramal Enterprises - Cup & Handle -

Long
NSE:PEL   PIRAMAL ENTERPRISE
Looks like a text book Cup and Handle on hourly chart. Stock has been consolidating after a big move. Any wekness should be boughht. With a strict SL as mentioned on charts. Sell at given targets and enjoy the profits this one has a long run way.
Trade active:
Weakness...Buy setup
Trade closed manually:
Cup handle pattern invalidated. Still Consolidating.

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