LONG aroundLong around 1601 for TGTS 1730-1851 SL closing below 1580..
JUST A VIEW BETTER SEEK PROCESSIONAL ADVICE..
PEL trade ideas
PEL: Multiple Breakouts in PlayMultiple breakouts at play now. First there was a inverse H&S breakout (ref green line). Now, there is a breakout on cards from an important resistance level of INR 1,600. If both the breakout sustains then INR 2,200 and INR 2,400 is on cards.
PEL | Gann Octave AnalysisPEL | Gann Octave Analysis | A possible value BUY
This stock has been trading inside Gann Octave range of 1262 and 1590 since 23-JUN-2020 (nearly 7 months now)
Currency trading near Gann Octave Level 1590 (near 1600, Square of 40)
Price has broken out above multi year trend line resistance
Trading well above the Volume Weighted Moving Average (180 days VWMA) which has acted well in the past
Resistance: 1600 / 1681 / 1728 / 1764 / 1849 / 1918 / 2025
Support: 1521 / 1444 / 1369 / 1331 / 1296 / 1262 / 1174
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.
