PIRAMAL ENTERPRISES weekly falling wedge breakout with bullish. Monthly falling wedge pivot point breakout. It will reach the target of 894
The stock created cup and handle pattern in weekly TF. Falling channel and bullish flag also can see in chart. Targets shown in chart. RSI showing strength. Only for educational propose.
Today very good upmove with huge volume.... Buy above 841 Sl 813 Tgt 893-923
PEL : Rising Wedge breakout Sustaining 850 might quickly take this to 900
PEL on the verge of breaking out of triangle pattern on an hourly chart with good volumes. Could be bought with mentioned stoplos & target.
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
Priamal enterprise price down 5 wave . use 2 0r 4 ternd line confrimation correction end
PEL made triangle pattern & trading comfortably on breakout level with dwcwnt volumes. Could be bought with mentioned stoploss & target.
There is a rectangular pattern breakout Higher volume and increased ATR on breakout candle act as confirmation. Further Support and resistance are marked by horizontal lines. Tgt and SL are marked for a short term trade.
Pel is looking good after breaking a parallel channel resistance and sustained above very well so we can consider it is a breakout and can go long for the target of 767 and 780 with a stoploss of below close of channel resistance on daily candle and that is 723. 𝑵𝑶𝑻𝑬- 𝑶𝑵𝑳𝒀 𝑭𝑶𝑹 𝑬𝑫𝑼𝑪𝑨𝑻𝑰𝑶𝑵 𝑷𝑼𝑹𝑷𝑶𝑺𝑬
pel can fall more after this range break in down side
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
target 740 SL below 690 Inching heigher high, Planet support is also there as per sign wave formation
both side potential avoid first 15min breakout wait for 15 min candle closing targets are marked follow risk management do your own analysis do workout do meditation start reading book
PIRAMAL ENTERPRISE +++++++++++++++++ Price Action Explained In Steps 📌Ascending Triangle Breakout. 📌Risk Reward Of 1 : 4.5 📌Sector Overall Doing Good
Chart pattern looks good for a short trade 1. Classic double top pattern with high & Lower high, low & lower low formed thus breakdown!!!! 2. SL & Target levels mentioned as dashed horizontal lines @ chart In weekly time frame( shown below) , PEL still looks BEARISH(alike of bearish pole & flag)....trading inside a box(rectangle) Let's wait &...
PIRAMAL ENTERPRISES Key highlights: 💡⚡ ✅On 1 Hour Time Frame Stock Showing Breakout of Bullish flag Pattern . ✅ Strong Bullsih Candlestick Form on this timeframe. ✅It can give movement up to the Breakout target of 760+. ✅Can Go short in this stock by placing a stop loss below 712-.
PEL broke out of flag n pole pattern on hourly charts, safe traders can wait for confirming candle of 15/30 min TF closing above 701 level, aggressive traders can buy here with mentioned stoploss & targets. Not to be missed breakout as RISK:REWARD is very good. Could be bought with mentioned stoploss & targets.