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viswanathreddykurla
Dec 1, 2023 4:17 PM

PPL - PRAKASH PIPES Long

NSE:PPL1D
PRAKASH PIPES LTDNSE

Description

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Entry: above 425
SL: weakness below 402
Targets : 490/540
Setup Invalid : If price goes below 382

● Pattern: VCP
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Price went up around quick 80% in span of 6 days in October
● After that, price moves sideways forming Higher Low's and Lower High's

Trade active

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Entry triggered on 4th December

Comment

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SL moved to 407 i.e. Low of the Breakout day

Comment

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SL moved to entry point i.e. 425

Trade closed: stop reached

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Trend AnalysisChart PatternsPPLprakashpipes
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