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.
Buy At Cmp 1453, Strict SL - 1332 (WCB) Target - 1800+++
-stock has underperformed in its sector -the stock needs a strong close above 1580 for fresh loongs to open up -with minor hurdles @1660-1755 -stock looks good for major upside -wait and watch approach
Note: This is for educational purpose only. There seems to be a bullish breakout post build up near resistance. Volume is increasing and RSI indicates bullish momentum as well.
Good 61.8 Retracement and previous support as well.
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...
Consolidation then BO then Retest, making it strong bull. Trendline resitance crossed. Target 1600
This Analysis Is Done Only For Educational & Intelligence Purpose, Invest Or Trade At your Own Risk & Will.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
INTRADAY TRADE IN PEL(PIRA) BUY@1115 STOP@999 TARGET-1@1130 TARGET-2@1145 !!please note trade with caution!! !!manage your risk!! !!trade-wise!! !!please adjust for future rates!!
Price Is Consolidating In A Range ( 800-1000 ) High Volumes Are Coming On The Bottom Of The Range . ( Shows Buyers Strength At Below Levels ) Price Is Ranging Up With A Good Volume Showing Strength Of Buyers Are Intect On Higher Prices . Highest Volume Traded Is At 936 That Would Be A Good Support . In Lower Time Frame ( 75 Min ) Last Candle Given A High...
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
PEL gave a clear breakout from its triangle pattern and thereafter it came back to retest the trendline . It is facing resistance at 960 levels and a candle closing above those levels can result in a further strong move. Disc: Entered long on 21/05at 928 level. Exited 60% qty at 960. Holding rest quantity and trailing SL using ATR NSE:PEL