Go Long for 2139 Target in Piramal Enterprises. Our Entry is at 1939 and Saw Good 4% Move today itself. Please refer to the above analysis
Let's see if price breaches this zone or gives a perfect shorting opportunity
PEL (Piramal Enterprises Ltd) BUY ABOVE 2001
PEL (Piramal Enterprises Ltd) SELL BELOW 1710
looking for opportunity If support level breaks to down then short target 1384. RSI confirming bull divergence but not so relaible at this time we need more confirmation in the price too like double bottom or any kind of patterns on the lower time frame like 4h and 2h
PEL (Piramal Enterprises Ltd) SELL BELOW 1970
Descending Triangle along with minor supply and demand zones. One high probability setup. Do your own analysis before taking a call
PEL (Piramal Enterprises Ltd) SELL BELOW 1900
Perfect Retest after a breakdown now continuing its trens that is downtread now keep a stop loss above support..
PEL (Piramal Enterprises Ltd) BUY ABOVE 2050 Respecting the trendline at the lower level. Breaking the upper trend line will give a breakout in stock.
PEL seems to respond to a critical Weekly support. Risk-Reward favors a long trade. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important...
Three Factors: 1. Recently broke major resistance with huge volumes 2. Retraced till 50 % Fibonacci level 3. Demand zone turned to supply zone plan accordingly :)