EagleVision8

PEL LATE ENTRY

EagleVision8 Updated   
NSE:PEL   PIRAMAL ENTERPRISE
Our short position on PEL worked out to a decent fall. The full target is still on the cards!

LATE ENTRY REMINDER

A trader who has missed the opportunity can get a late entry near 1650 zone if it bounces for short covering
However it may fall relentlessly and to catch the move an order to sell can be given to trigger at 1560 (low of the day) for an additional 3-5% move

I always appreciate a follow since it gives me motivation to post such calls on a daily basis. Do check out my profile if you want to know the accuracy of my calls :)
Trade active: as mentioned above. 1560 (low of the day) for an additional 3-5% move.

3% achieved at day's low. Too risky to enter short now. Those who have already initiated position can hold tight as it can be a rollercoaster tomorrow!
Trade closed: target reached: Enjoy! Given analysis to short twice in 2 days

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.