AniketKabir

SIMPLE USE OF TRENDLINE

Long
AniketKabir Updated   
NSE:PEL   PIRAMAL ENTERPRISE
"This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince.

RISK REWARD RATIO IS 1:6, IT IS IN OVERSOLD ZONE. BUY AT LOWER TREND LINE IN RED, TARGET IS UPPER TREND LINE IN RED.
BUY AT CONFLUENCES (SEE UPDATES BELOW FOR MORE CLARITY)

DISCLAIMER:
Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.

This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
Comment:
Previous BUY opportunities at Confluence of horizontal support line and diagonal demand trend line
Comment:
Why should one stay invested in this stock
Comment:
Forcasting?
Comment:
Trade closed: stop reached:
ideas failed

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.