PEL trade ideas
PEL#pel followup...Now there are 2 possibilities from here as shown on chart, either it will come to intersection point of Triangle and Trendline once more or it may give Breakout from here and then continue to 2000 and plus...Orange trendline breakout is of 2 years breakout, so it is strong, stay bullish...
PEL Reversal from HVN [Volume Profile] + VSAShort PEL at High volume node - 1471
SL - Exit if day's close above 1520
PEL#pel followup intraday view... What a Great breakout...I think I made a mistake in SL as it was too small for such stock, just touched 1403.70 and then 1450 now...happens, lesson learnt is to put right SL...
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..
