PEL
PEL - Long Idea
Disclaimer: All investments and trading in the stock market involve risk. Any decisions to place trades in the financial markets, including trading in stock or options or other financial instruments is a personal decision that should only be made after thorough research, including a personal risk and financial assessment and the engagement of professional assistance to the extent you believe necessary. The trading strategies or related information mentioned in this article is for informational / educational purposes only.
PEL Retracement LongHigh Probability of Retracements
All Levels Mentioned On Chart
How to trade the setup?
When the chart says Long or Short at particular level, Put a Stop Order at those levels, Levels are strict
T1 : is Target 1
T2 : is Target 2
When you achieve your first target, book profits of 50%
and shift the stops to the cost
The term Catastrophe Stop, is a maximum movement of price that can happen in opposite direction of trade
so that the setup remains valid, Its basically used, to give some breathing space to the trade,
I may call for a recovery if the setup becomes invalid as the market progress.
As we all know anything can happen in the market and we should respect that
The Idea is for Educational purpose only
At Last, do your own analysis, before trading your money!
GO LONG ON PEL FOR 3000GO LONG ON PEL FOR 3000.
Its may test patience but the target has to be 3000.
PEL investment tradePEL has given breakout from inverted H&S
Close below 1280 will lead weakness
on upper side can target 2700
Holding period = 1-2 years
PELDaily Time frame
1)Price Action - Channel Breakout
2) Bolling band break
3) RSI > 60
4) MACD - Buy
Weekly Time Frame - MACD Buy
Deepak Nitrite again for portfolioalready mentioned too many time on deepak nitrite, its time to buy again in portfolio
PEL trading idea for 5/10/2021 to 10/10/2021Piramal enterprise looking good to buy as it show good strength on chart
Priamal Enterprise - Parallel ChannelNSE:PEL
Its trading within a Parallel Channel and will go till 3000 Levels
Piramal: Beautiful Candles in volume and price Hello Traders,
PEL I traded today and again will enter tomorrow.
The price entry remains CMP: 2782 or wherever I can catch it after 9:20. In case of downward move the 9/21 EMA rejection on 75 minute chart will be my entry point around 2730.
SL: 2503
Target: 3120-3200
No complex logic. Prie action and volume momentum
Happy Trading!
PEL - Portfolio counterKeep adding these kind of stocks in portfolio they will always makes you feel better with Time.
Add here too for tgt of 3000
PELNote:
1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline, not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions...
4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks...
Keep an eye ladies and gentlemen. Cheers and Happy Trading
PEL Breakout CandidatePEL can be kept under the radar for swing trade. If breaks this TL out of triangle pattern on clb (hourly minimum).
Pel Trade Setup !TREND ANALYSIS & TRADE SETUP !
WAVE ANALYSIS !!
Follow Chart Instruction.
Do not be Hurry for entry.
Wait for Proper Entry Setup.
Buy/Sell with Best Risk Reward.
Educational Chart Only.
Wait for ENTRY CONFIRMATION !
Risk:Reward: 4-5 times.
PEL(Bearish Flag Breakout)IN Pel the bearish flag break out with daily rising volume in upside where we see that rising price with rising volume is denoted bullish
2. deliveries data :- 03 sep:- 23.4% 02 sep:- 40.3% 01 sep:- 49.1% 31 aug:- 47.3% 30 aug:- 35.9%
last week deliveries were good enough.
3. I personally entered @2620 in this on 03 Sep.
hope you enjoy this data please like and follow me on trading view for more such charts
PEL - Favourable RRPEL is taking good support above TL on D time frame. One of my favourite patterns in swing trade. Plan your risk first. SL is around 200 Points.
NEXT ONE..PEL Expecting10-15% UPMOVE As of now this in the consolidation Zone Rang Bound Momnt...
We Will Buy When It will Break the Line which its resistance AND trading At 200 EMA from Last 2-4 days
Facing Resistance at trendline which is from its ATH and showing rejection muktiple time so try to accumlate keep an eye
SO our view will be bullish expecting 100-150 points rally in coming days ...
BUY Above - 2647
Target - 2720/2780/2850
SL- 2510
PEL Descending triangle. Educational Trading Setup For 31.08.2021, Kindly consult your financial advisor before taking a trade.
#PiramalEnterprises:rounding pattern and flag breakout candidate#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.
Bearish Harmonics pattern on #PEL stock (Positional view)This is a bearish pattern, place your sell order at point D, position your stop loss just above the red line and place your profit targets at target 1 and target 2
Possible breakout in Piramal Enterprises...Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
