ts gonna be a bullish day for pel. the buy entry point is mentioned in the chart buy above only if it closes above it. targets 1,2,3 are given. stoploss can be placed below trendline. the ideas which iam giving here is meant for educational purpose.if you like my analysis like,share and follow me for daily intraday analysis.
long only if you have idea what is reersal id find reversal in this stock then only go long
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
In a downward sloping channel.
at 1550 , a very strong resistance.
Last 3 months trading in a very constricted band of 1350 - 1550.
Be careful if it trades below 1300.
One hand loses another hand gains. ;)
PEL share after taking the support of 1400 level once again going in upward move . Long entry can be taken after the BO of TL above the level of 1420 for the target price of 1454 with the SL of 1400 . Once stock cross the level of 1460 then the target price of 1480-1485 can be seen. So add the stock in your watch list to see the price action movement of the...