SELL below 1661 TGT 1610 SL 1684 . Once stock BD the support level we can enter in the trade. RSI is also going towards below 40 the sign of bearishness. This is for your educational purpose only.
Despite of today positive market, PEL broke its support zone and can go upto 1600 as this level have strong support as per option chain.
RSI failure alongwith negative divergence is clearly visible . Sell below 1882 sl 1990 target 1780-1650 Disc : it's not an investment advice to buy or sell
Major resistance: 2025 Major support: 1890 The Indicator Used: Panel 1: 1) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. 2) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence If you like the analysis, do leave a like...
Pel levels are given for intraday. Possible downside
Stock has formed a rectangle pattern after a good rally. Wait for breakout or breakdown. CMP: 1988 Buy: 2000 Sell: 1980
Symmetrical triangle patter Price is consolidating with low volume. Expecting a good move on either sides.
PEL is looking for a move towards the upside. The way it has broken away from 2+ years of trendline shows the strength of the bulls present. PEL is interestingly a money bag for those who prefer to stay long in the market with a futuristic view however fundamentals will play a huge role in the coming movements. Keep an eye on quarterly reports and future...
watch it guys for intrday.... levels clearly mentioned...
buy given at 1570 for target then 1588-1597 though as per the pattern target was placed at 1810 level TARGET MET disclaimer - trade @ own risk reference chart below
another gem of our fam PEL😍😘😘 for intra players. must watch pel for the day. it can give u good opportunities.
Buy At Cmp 1453, Strict SL - 1332 (WCB) Target - 1800+++
breakout above 1570 will generate buy for target move towards price 1588-1597 ( stop 1553) bigger target 1810 (positional swing) patternn identified > flag and pole targets based on resistance level area disclaimer - trade @ own risk
PEL is showing an uptrend in 1H & 15 min TF. 15 min candle formed a bullish pin bar & harami pattern from support + FIb 0.618 level.
Buy PEL with sl below 1550 on daily closing basis for target of 1740+ Disc : it's not an investment advise to buy or sell
As shown in chart, it gave neckline breakout of inverted head & shoulder pattern. Possible target: 1) 1710 2) 1900 Feel Free To Ask For Any Technical/Fundamental Query Educational Purpose Only.