TREND ANALYSIS & TRADE SETUP ! WAVE ANALYSIS !! Follow Chart Instruction. Do not be Hurry for entry. Wait for Proper Entry Setup. Buy/Sell with Best Risk Reward. Educational Chart Only. Wait for ENTRY CONFIRMATION ! Risk:Reward: 4-5 times.
Piramal Enterprise Ltd formed a Rising Wedge on the daily timeframe. Right now, the price has given a breakdown and is near a support/demand zone that previously acted as a resistance/supply zone.
#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.
#Piramalenterprises weekly bullish momentum reverse divergence in play.daily showing momentum breakout.all timeframes have good momentum and trend.
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....
PEL Breakout with volume on weekly chart. Target 2500/2700 Stoploss 2025 Risk Reward 1:4
Key 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...
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.
Took 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.
Took 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 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
Range BO In PEL daily chart and retest over the Bo area. Looks good to go long upon reversal at this point.
Buy Piramal Enterprise Near 1710-1715 Stoploss 1670 Target 1800 Study: Structure Breakout and Retest
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.....
Doing 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
NSE:PEL earnings result might cause the Upside breakout move.
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