#Piramal Enterprises #Breakout PEL Breakout with volume on weekly chart.
Target 2500/2700
Stoploss 2025
Risk Reward 1:4
Piramalenterprise
Piramal Enterprise - Positional view | Potential 66% gainKey Highlights:
1. Bullish market structure - HH, HL
2. Volume expansion
3. Trendline breakout
4. Breakout & retest done
5. Support zone 1527-1624
6. Forming Inverse Head & Shoulder
7. Target: 2225, 2700, 3233. Stop Loss: 1585
8. Time frame: 3-6 months
You are always advised to use an appropriate Risk-Reward ratio as per your strategy.
P.S: This is NOT investment advice. This chart is meant for learning purposes only. Invest your capital at your own risk.
intraday idea for tomorrow #equity pelts 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.
PIRAMAL ENTERPRISESTook a strong support and bounced from that level, so it has potential to go 10-15% upside.
Disclaimer: Not a SEBI registered, only education purpose only.
PIRAMAL ENTERPRISE - Upside Potential StockTook a strong support and bounced from that level, so it has potential to go 10-15% upside.
Disclaimer: Not a SEBI registered, only education purpose only.
PEL LOOKS A BUY !PEL HAS GIVEN A TRIANGLE BREAKOUT BUY NEAR 1682 - 1666 SL BELOW 1610 TGTS MARKED IN CHART. THIS IS OLY FOR EDUCATIONAL PURPOSES . DO YOUR OWN ANALYSIS BEFORE INVESTING
PEL Daily ChartRange BO In PEL daily chart and retest over the Bo area. Looks good to go long upon reversal at this point.
Buy Piramal EnterprisesBuy Piramal Enterprise Near 1710-1715 Stoploss 1670 Target 1800
Study: Structure Breakout and Retest
PEL to regain its glory!!!PEL looks bearish one may start accumulating but SL here is mandatory as stock has been correcting since quite a long time but with the recent moves looks bullish.
Keep a SL of 15% and keep adding It may double up within a year.....
Volatility expansion on cardDoing long straddle and strangle could give good return. Volatility is capped within large bearish candle. Buyers and sellers are fighting for the edge. For strangle , 1600 PE and 1700 CE are good. For strangle if gets 1650 level then straddle is good. Otherwise 1680 can also be choosen as straddle point.
Disc : it's not an investment advice to buy or sell
A Simple Breakout expected in Piramal Enterprise!NSE:PEL earnings result might cause the Upside breakout move.
End of corrective action ?Close abv 1770 might resume uptrend. It's a classic breakout and retest pattern . Volume has dropped in fall. Moving average support is there.
Disc : it's not an investment advice to buy or sell
🏥 💊 pel #NIFTYPHARMA #NIFTY #BANKNIFTY 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.
Long PiramalLong Piramal above 1820 TGT 1940 second target 1985 SL 1745 . Entry can be taken above the BO of TL. Stock is at the conflux area. if successful BO then can trail SL as per our risk to reward ratio. This is for your educational purpose only.
SellSell on rise at 1884-1888 sl 1902 target 1840
Disc : it's not an investment advice to buy or sell
PELStock has formed a rectangle pattern after a good rally.
Wait for breakout or breakdown.
CMP: 1988
Buy: 2000
Sell: 1980
PEL looks interesting for a long term investment.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 business opportunities.
Disclaimer: All charts are purely for educational and information purposes only. Invest or Trade at your own risk.
Piramal enterprise, positional view ! 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.
PEL LOOKS GOOD FOR BUYINGPlease do your own research before trading or investing.
Lets how how market opens.
Happy Trading! Happy Weekend!
