Buy PEL above Rs. 1084 for the Targets of Rs. 1200 - 1350... Stoploss Rs. 980 ... .... Comment your views.... .... plz, Support the idea by clicking LIKE button... ... Thank you, Vishwajeet Sharma
its at major resistance level wait for a reversal candle to go short
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Everything is explained on the chart. Do like and comment. Regards JJSingh
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INTRADAY TRADE IN PEL(PIRA) BUY@1115 STOP@999 TARGET-1@1130 TARGET-2@1145 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
Price Is Consolidating In A Range ( 800-1000 ) High Volumes Are Coming On The Bottom Of The Range . ( Shows Buyers Strength At Below Levels ) Price Is Ranging Up With A Good Volume Showing Strength Of Buyers Are Intect On Higher Prices . Highest Volume Traded Is At 936 That Would Be A Good Support . In Lower Time Frame ( 75 Min ) Last Candle Given A High...
PEL is range bound since 30 march 2020. Should be good stock to trade after breakout or breakdown.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
PEL gave a clear breakout from its triangle pattern and thereafter it came back to retest the trendline . It is facing resistance at 960 levels and a candle closing above those levels can result in a further strong move. Disc: Entered long on 21/05at 928 level. Exited 60% qty at 960. Holding rest quantity and trailing SL using ATR NSE:PEL
All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
pel as can be seen i chart attempted and filled the gap near 961 but the shadow of the candle is more than the body.With good supply and resistance zone near 960/1000 this looks a better option to go short until the resistance is holding the fort. TransientTrade is also on telegram platform.
Once can short for levels of 900-880 if the above resistance is not broken, with broader markets being bearish, i am expecting it to react once for a pullback before crossing the resistance level.
PEL is moving in a wedge! Buys above 940 with SL 920 tgts of 950 and 970