PEL 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.
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 ... ...
Educational Trading Setup For 31.08.2021, Kindly consult your financial advisor before taking a trade.
#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.
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
Chart is self explanatory. Entry, Targets and Stop Loss are mentioned on the chart.
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....
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....
Piramal 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...
TAKE ENTRY AFTER REJECTION FROM TWO ZONES .....
Note: 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...
The analysis is given on the chart Comment if you have any query and if you like my analysis, don't forget to press the like button. 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...
Intraday - Good above 2336 Swing - Good above 2340 (hourly/daily closing)
PEL IS IN A VERGE OF TRIANGLE BREAKOUT CAN ENTER IF THE BREAKOUT IS COMPLETED WITH A GOOD RETRACEMENT AND VOLUME SURGE @CMP 2235 AND TARGET IS 2332 ALMOST 100 POINTS FROM HERE PER SHARE. KEEP YOUR SL AT 2190 RISK REWARD MORE THAN 1:2 DISCLAIMER: FOR EDUCATIONAL PURPOSES.