seekedgetrade

#PiramalEnterprises:rounding pattern and flag breakout candidate

Long
NSE:PEL   PIRAMAL ENTERPRISE
#PiramalEnterprises #PEL : rounding pattern seen on weekly at verge of breakout. Earlier bullish reverse divergence worked like charm to meet target.all timeframes have good momentum and trend. Flag pattern seen on daily timeframe .keep stop loss at candle on neckline and enter on confirmation only.12% up move happened on earlier post made on Aug 5th.

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