Ravi_Singh_Chauhan

Bulls are taking their charge

Long
NSE:PEL   PIRAMAL ENTERPRISE
PEL had been in a downtrend since the start of March 2020 while facing resistance against T2 and support over T1, crafting a pole & flag pattern. From mid April, it has been trading in a range (T3 & T4) after getting a 50% retracement. We can see bullish breakout that may give us a good upside move in future.
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Comment:
Trail the stop loss to 1684 level ( Swing low ).
Trade closed: target reached:
Achieved our target. Trail your SL if your want more profit.
Trade closed: target reached:
Fabulous bullish rally. Murdered all the bears.....

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