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Piramalenterprisetradesetup

Piramal Enterprise Short Term TargetsThe FASP for Piramal Enterprise is listed for 22-12-2022 . You can add this levels to your trade setup for better results. This should not be the only indicator but an additional tool to increase your winning possibilities. What is Fibolysis Anchor SupRes Points(FASP)? It is a unique level arrived by using Fibonacci Retracement , Fibonacci Extension , Standard Pivot levels under various Timeframes. It is an extensively analyzed level to draw the support and resistance levels for the next day. You can use these levels along with your trade setup to increase your winning odds. Validity of the levels: Up to 6 Months How to use these levels? The three levels on both sides are usually easily achievable. The Targets above are bit difficult to achieve in a single trading session. I use this fact to write intraday positions and to buy options. Color Coding: Green is regular support and buying area, Red is strong exit area Disclaimer: This is shared in the interest of educational purpose and for knowledge enhancement. Kindly refer it in the same light. I am not responsible for any profits or loss incurred based on this information.
NSE:PELShort
by SathishChandrasekaran
PEL - Long viewFor PEL we will use the strategy which includes EMA(exponential moving average). Now remember this is a long term investment so it would involve buying in small quantity and buy on dips. Current Price action CMP = 1012.15 1. EMA 9 = 1031.45 2. EMA 20 = 1030.85 3. EMA 50 = 1012.90 4. EMA 100 = 1039.00 Look to buy above 1042 for our next target 1158.75 Once this has been taken out we can look towards 1252.80 Then we move to our next target of 1346.80 which would play a significant role in price action. As long as price is trading above 1346.80, we should be able to achieve our next target of 1480.65 without much hassle. Then on start booking profits and leave a less quantity for targets of 1651/1867 to be achieved.
NSE:PELLong
by simpletradewithpatience
#pel #piramalenterprise Support Levels NSE:PEL 📌 To Trade on This Chart, You Should Have Reversal Trading Knowledge. As Harmonic is One Of The Best Reversal Trading Strategy, But Always Remember That Harmonic Patterns Also Can Fail (there is no holly grail In Stock Market). That's Why One Should Must Have Knowledge Of Reversal Trading To Trade On Harmonic Patterns. 📌 That Dash Line Is Called PRZ, From That Dash Line To that Horizontal Simple Line Area Is Whole PRZ(Price Reversal Zone). 📌 As One can see, This Pattern has Been Made on Monthly Time Frame, that's why stop loss quite big as per this pattern and time frame. So wait for perfect reversal first then only go for long and ones enter in trade then strictly follow stop loss and here as per my own experience one should keep Stop Loss as closing basis. (PRZ :- Potential Reversal Zone, SL :- Stop Loss, TF :- Time Frame) PRZ 1 :- 2232.25 SL :- 2110 (Closing Basis) Target 1:- 2297 Target 2:- 2342 Target 3:- 2388 and more Trailing basis Note:- As Per this harmonic pattern , stop loss is quite big, so Trade on reversal only if you don’t know what is reversal, Kindly note that and ask in live session so next time you could be able to identify reversal by your self. Even ask doubts in comments, below. ******whatever charts or levels sharing here or on any other platforms are just for educational purpose only, Not A Recommendation To Buy Or Sell. Please do your own analysis before taking any trade on them. We are not SEBI registered.
NSE:PELLong
by linesandlevels
Simple Trade Setup | PIRAMAL ENTERPRISE | 18-01-2022 [INTRADAY]NSE:PEL Observations: 1) On 1 day time, we can see it made trianlge pattern. And also made bullish candle from 100DMA. 100DMA will be immediate support now. 100DMA is placed at 2638.56 level. Immediate breaout levele is at 2675 level now. Please refer below chart : 1day Time Frame. ------------------------------------- Trade Setup for 18-01-2022 1) Don't Jump in to trade at the beginning of the market. Let it get settle for 15-20min first and judge the price action. 2) Everything is mentioned on the chart. I hope it is easy to understand. 3) All the levels will work as support, resistance, entry and exit w.r.t price action near that level. 4) Avoid gap up or gap down chase. Wait and trade between levels. Please refer below chart for levels. Hope I made it easy to understand it. Do comment your doubt or suggestion. Note: Trade with Strict SL. It may or may not hit all the levels. So one can book profit / loss at respective level considering how price action works near that level.
NSE:PEL
by Trading_hawk