PEL trade ideas
PEL_Intraday_Symmetric TrianglePEL:: Intraday
Symmetric Triangle in Progress
Look out for a Move, may be Breakdown
PEL#pel followup... be cautious now, shooting start near weekly resistance...tomorrow it can be short if crosses orange TL.
A good Pattern formation in Piramal Enterprises Limited.Making good Head and Shoulder Pattern In PEL good for buying. Just represent my point of view. Buy according to your analysis.
PEL respecting trendline 1D chartenter the trade once u get a proper breakout or reversal, kindly support the views if u find helpful
PEL - Hourly Chart - Bearish GartleyPEL seen forming bearish Gartley around with PRX around 1360 levels. The pattern is still in formation.
Wait for a strong reversal candle in PRZ before entering. I'll prefer a high volume candle for confirmation.
Do not hurry to enter, wait for confirmation.
Views only for educational purposes, and not a trading advise. Assess your risk and enter any financial positions. Always keep stop loss.
PEL#pel followup... could not sustain around 1300 levels and great fall.. now in next zone, if sustains here above 1220 then next up move possible... below 1180 more fall ahead..
maybe bullish if forms support but the trend is bearishmaybe bullish if forms support but the trend is bearish so wait and watch for price action before taking the trade.
PEL - MIDTERM SYMMETRICAL TRIANGLE BY MarketMattersA Symmetrical triangle is a clear cut indication of consolidation followed by a breakout. A BIG BREAKOUT...........
Note:
Avoid the stock if a big gap up or gap down is seen
Enter after the breakout happens and not before it
Do not chase the market, i.e., do not get involved in late entries
Only enter with strict stop-loss and target
This is not a recommendation and is for educational purposes only.
always follow risk-reward and quantity management for the 100% of the times
The above mentioned idea may not work, so beware of the risk you are taking
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Price Action KHICHDI !Tell me in the comments, what can you see in the chart.
Also, What do you think about the fundamentals of this stock?
Today, I am free so posting two charts in one day!
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