PEL trade ideas
PELIn today's trading session this stock has given good upside movement also this stock is above 200 days moving average. So this stock may shows bullish movement in further trading session. So keep an eye. If you like my idea then please follow me tradingview . Thank you
PEL for 13th jan 2021Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
PEL for Intraday 12th jan 2021Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
Triangle breakoutPrice has broken triangle, above 200MA, volumes risen, but showing shooting star in bull market. It may test last swing low. Or may travel without testing .its bit risky. If low then 10% sl or wait to sustain or let it show next hint to go long.
PEL for 12th jan 2021Note: im working on 5 minute Time Frame ,look at in 5 minute time frame for better Idea
pel is going to breakout long above 1650strong stock to long above 1650 target is 2000 sl is 1500
ascending triangle near about to breakout
downtrend channel already breakout
for more analysis 9039779313
PEL Resistance trendline broken. Positional Trade.The stock has broken a resistance trendline and closed strongly above it supported by good volume.
All other levels mentioned in the chart.
BREAKOUT EXPECTATION, SWING TRADE, PELThe stock has been consolidating for long time, and it has been in downtrend for some time before corona, so if it crosses the previous high created bullishness is established.
SL can be placed according to personal risk management.
NB: This is not a stock recommendation, just sharing my view only.
breakout soon candidate good structure and high open interest in future market build a concrete decision to go long
