Still downside possible I can see it can go down from current levels. Looking really week on daily and hourly also formed a bearish flag. It is great short below 1725 for target of 1665 or down.
PEL trade ideas
PEL - Bullish Bat - 4H TFBullish Bat pattern on 4H Chart of PEL. BUY 1749-1751, SL 1699.9, Target(s) - 1790, 1805.
PEL at support zone.looking for opportunity If support level breaks to down then short target 1384.
RSI confirming bull divergence but not so relaible at this time we need more confirmation in the price too like double bottom or any kind of patterns on the lower time frame like 4h and 2h
Intraday Trade Setup for 17th JulySell PEL @ 2076.85
Stop Loss @ 2092.50
Target @ 2045.55
For More Details Call/WhatsApp @ 9985249018
Descending triangle (PEL)Descending Triangle along with minor supply and demand zones.
One high probability setup.
Do your own analysis before taking a call
PEL may bleed in next days if it breaks 1915 again , target 1885PEL may bleed in next days if it breaks 1915 again , target 1885/1866
#PEL SHORT Below today low !! Perfect Retest Perfect Retest after a breakdown now continuing its trens that is downtread now keep a stop loss above support..
PEL (Piramal Enterprises Ltd) BUY ABOVE 2050PEL (Piramal Enterprises Ltd) BUY ABOVE 2050
Respecting the trendline at the lower level. Breaking the upper trend line will give a breakout in stock.
PEL | Weekly SupportPEL seems to respond to a critical Weekly support. Risk-Reward favors a long trade.
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PEL ko pelo Three Factors:
1. Recently broke major resistance with huge volumes
2. Retraced till 50 % Fibonacci level
3. Demand zone turned to supply zone
plan accordingly :)
