PEL trade ideas
Bulls are taking their chargeNSE:PEL had been in a downtrend since the start of March 2020 while facing resistance against T2 and support over T1, crafting a pole & flag pattern. From mid April, it has been trading in a range (T3 & T4) after getting a 50% retracement. We can see bullish breakout that may give us a good upside move in future.
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PEL on buy sidePEL was in a downtren then it consolidated and now has shown upmove and is retesting the level...
Piramal Enterprise Swing TradeNSE:PEL SWING CALL // Monday 31st of May 2021
// This is a swing trade call and not an intra-day trade. Stock will not go up on the same day of posting or within a few sessions. Please follow the notes along with the posting before, during and after entering the trade //
Buy: 1820
TARGET: 1900
STOP LOSS: 1660
Notes:
- Please follow the Stop Loss strictly and preferably on a daily closing basis.
- Recommended Profit Booking / Exit is near Target & If you still want to hold the stock, trail the SL once this target is achieved.
- Duration: 15-20 Trading Days is suggested
- If SL / Target are not triggered and you still wish to hold the trade, this can be done as long as SL is followed or trailed.
Disclosure: I may or may not have a position in this trade.
Disclaimer: All the recommendations are subject to market conditions. Please trade at your own risks.
Buy piramal enterprise 1. The stock is in uptrend
2. It is in channel and now its on lower trendline
3. Volumes also good
4. You can make long position with small stoploss and good risk to reward ratio
PEL for SWING.Old resistance is New support now.
also respecting the support for quite a time
(in rectangle).
Also the company soars 1.79 % gains.for thrid straight session.
Good buy at this price for short term(swing trade)
PEL - 15 MIN FLAG PATTERNwe can clearly see here flag pattern once the 1800 level is broke tomorrow we can see the target of 1847
PEL - 30/05/2021PEL has given a breakout of the range and is now testing the breakout zone.
If it sustains above the range, then one can go long on PEL.
One can buy on dips till 1760
for target : 1850/1900,1950,2000/-
Strict Stop Loss : 1720
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.
PEL COMING MONTHS VIEW. MARKET IS IN UPTREND. STOCK HAS ALSO BREAKEN ITS DOWNWARD JINKS. LOOKING BULLISH FOR SHORT TERM.
DETAILED INFORMATION ABOUT THE STOCK PLS CHECK BSE MOJO ANALYSIS OR USE SCREENER OR MONEYCONTROL
INVEST OR TRADE WISELY. MONEY IS YOURS WHICH IS HARDLY EARNED. THIS IS AN EDUCATIONAL CALLS. ITS MY POINT OF VIEW OR MIGHT BE DIFFERENT.
Buy Piramal EnterprisesBuy Piramal Enterprise Near 1710-1715 Stoploss 1670 Target 1800
Study: Structure Breakout and Retest
LONG PIRAMAL ENTERPRISE PEL long position can be initiated above 1765 on closing basis
Coming out of consolidation
Potential upside upto 1830-1900
Long run 2000 and new high possibe
Stop loss at 1650
(Do your own research before taking any trade, this is for education purpose only) NSE:PEL
Something Big is expectedKeep accumulating. The stock is currently in a range bound consolidation and it needs to break the trend and also the 1765 levels for clear direction
piramal enterprises ltd LONG (high conviction trade)pel is expected to fil gap till 1815 reason
1) triple bottom at strongest support
2)huge breakout in feb with volume and after long retracement phase was there
3)closing above all moving important moving averages
Don't forget to like and put stop loss(1598 atleast it is mine ) in trade even though high conviction
Breakout after ConsolidationThe stock can be turned out to be a good swing trade. The breakouts after consolidation are usually strong and are generally are not fake breakouts.
