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
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(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
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
#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.
Target 1 (25%) achieved in Piramal Enterprise. Target 2 is ON...This is follow-up on Piramal Enterprises. Can check link to related ideas.
Target 1 achieved. More than 25%. Target 2 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
Target 2 (55%) achieved in Piramal Enterprise. Target 3 is ON...This is follow-up on Piramal Enterprises. Can check link to related ideas.
Target 2 achieved. More than 55%. Target 3 is ON.
Chart is self explanatory. Entry, Targets and Trailing Stop Loss are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
PEL - Channel pattern breakoutPiramal Enterprise had taken a good breakout from its channel pattern and also retest done, so give an entry with appropriate Stop loss only after its breakout
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
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
Bearish divergence on PELThe analysis is given on the chart
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I am not a SEBI registered investment advisor and hence do not follow my analysis blindly.
Be aware of what you are trading and the risk associated with it.
Stock market is risky and you can lose a lot of your capital.
Be wise and trade carefully!
Grateful!🙏