Crossing 694 leads the way until 750 Shunted LL done, pH must be crossed and sustained above 688
PEL strong support zone has been broken. You can see the levels 650-685 soon—trade as per your risk-to-reward ratio. This is for your educational purpose only.
The stock is trading in a price range for the last five months. This time again at the lower levels. If able to sustain above 780 levels, may be bullish in coming sessions. The buy scenario is open only above 780. Keep it on the radar. Only for learning and sharing purposes, not a piece of trading advice in any form. All the best.
The chart shows that the stock price is again at the support levels. If bounces back, may go to 835/870. The risk-reward ratio is fine here. all levels are mentioned on the chart itself. Only for learning and sharing purposes, not any kind of trading advice. All the best.
PRL has formed a base at 785 - 800 levels and looks good to buy for a bounce. To motivate us, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Piramal Enterprises or PEL chart anylysis where PEL is standing out its 4Months Major Support if The Previous Range Is Breakout with 15Min Candle Along with The Proper Volume Will See The Big Move Soon
Chart clearly depicts the pattern. PEL - Primary trend is Bearish. Double top - with 2nd top having high lower than the 1st top . Previously there was a double bottom like formation, but the 2nd bottom low was lower than the 1st bottom's low. Let's see whether this double top works or not !!!! Entry only after the breakdown of the white dashed...
The FASP for Piramal Enterprise is listed for 22-12-2022 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard...
Price has been trading in the long-term channels for more than 16 months. After making a low of 785 , prices started rising to the upper band of the parallel channel. Currently, prices are trading above 100 EMA . PEL has formed a value area with a cup and handle pattern. The neckline of the cup and handle pattern is also the upper band of the value area at 915 .
NSE:PEL Analysis after 9th dec 2022 Closing Double Bottom Pattern - DB with Bullish Divergence on MACD & RSI (BULLISH) Weekly TF - There is inverted hammer candle on resistance (BEARISH) But still there is no bearish Revered divergence means Buyers still have potential to breakout Entry Either on Higher Low for early entry or, Wait for...
I AM NOT SEBI registered advisor please consult financial advisor for your investment. This is only for educational purpose you can also share your thoughts on the comments \\Representation: **Green dotted line--Supportive line **Red dotted line--Resistance line **Black up and down arrow--touches of support and resistance line **cmp:915 In this chart, I can see...
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PEL INVERTED HEAD AND SHOULDER, Inverted head and shoulder breakout, if price cross 899, can take entry. Target may reach 948.
PEL is in a reversal trend and according to my conviction, this will hit the 948.00 level in a month. One should take the 785.00 level as a stop loss.
On 1 Hour Time Frame, PEL indicating reversal from 815-820 level and expected reversal upto 840 level. If PEL gives breakout of this level also then it will extend for further breakout target upto 930+ level in upcoming few trading session.
Pel ha formed a head and shoulder pattern. below 850 expecting a nice fall.
Rising wedge pattern formed in PEL keep eyes on it..
For PEL we will use the strategy which includes EMA(exponential moving average). Now remember this is a long term investment so it would involve buying in small quantity and buy on dips. Current Price action CMP = 1012.15 1. EMA 9 = 1031.45 2. EMA 20 = 1030.85 3. EMA 50 = 1012.90 4. EMA 100 = 1039.00 Look to buy above 1042 for our next target 1158.75 Once...