PIRAMAL ENTERPRISE PEL

Piyush-Gupta

All details mentioned on chart Thanks Piyush Gupta Learn & Earn

lakshyabhard

We can see a nice head and shoulder breakdown on the daily chart can initiate a short position for December epiry

Trader_Raghu

This stock can be sold in futures segment after the formation of sell trend in 1hr timeframe

BruceTheWayne

I'm looking for shorting this stock ,as price recently broken the daily swing low.. we could either sell from M15 OBIM or H1 BB or Sell from M15 Demand zone if the demand is broken and price retest it

rohit_8000

Piramal looking good now for accumulation till the trendline support - demerger play expected timeline oct 2023. SL 2160 on daily closing

Amit_Ghosh

Note - One of the best forms of Price Action is to not try to predict at all. Instead of that, ACT on the price. So, this chart tells at "where" to act in "what direction. Unless it triggers, like, let's say the candle doesn't break the level which says "Buy if it breaks", You should not buy at all. ======= I use shorthands for my trades. "Positional" - means You...

akshay_tech

PEL short term views Short Sell Opportunity in this stocks. NIFTY is also weak and shorting only after getting rejection from 2500 levels. Previously that was acting as Support now that becomes Resistance for the trade. *NOTE We are not SEBI registered. Views shared here are for educational purpose. Before Investing please consult your financial advisor

Himalaya007

Short below 2455 Stoploss 2515 Targets 2350/2300/2200

SHEETAL_UDESHI

PEL Cmp 2471.50 dated 26.11.2021 1. Trendline breakdown @ 2460 Sell for a tgt of 2390-2350-2275-2200 SL 2580 It is just a view, pls trade at your own risk.

mohitm93

broke an imp horizonal short more pain possible if breaks yesterday low

siddmuk2005

PEL analysis as per Fibonacci levels and support resistance.

UNDERDOG-29

PEL has been moving in an impulsive way Feb 2021,and has completed 5 wave upside impulsive move.Here we are seeing wave 2 not retracing not more then 61% of wave 1, wave 3 extending wave 1 by 161% wave 1,wave 4 not entering wave 2 zone.This are classic elliot wave rules.wave 5 has taken a form of ending diagonal,there by forming neutral triangle pattern,meaning...

rk10

PEL which has shown lots of strength over the past many months is now at a key support level. Channel Bottom+Support line + Fibo Support. Monday will be key for the stock. Watch for it to go either way. Often stocks when at multiple supports tend to bounce but if it breaks down then the move could be brutal. At lower levels this becomes an interesting special...

Ritwikk_Sethh

Downtrend can start in PEL 2300 and 2188 are targets Monday can be a deciding day

stock_Predictor

PEL trading at support level, one can accumulate around 2490-2600 with target of 2800

AK1808

Stock has been consolidating in channel in range of 2500-2850 levels from 4 months. Making 2500 levels as strong support and 2850 levels as stiff resistance. Also, it has formed double bottom on monthly chart. Longs can be considered with SL of 2450 on weekly CB for the intial target of 2850 and 3000 in short to medium term with more than 1:2 RR and 3350+ in long...

vikrammrrajoria

Levels for my personal reference and monitoring. Not an advice to anyone; whosoever

SARAVANARAJA1992

Triangle breakout pattern in Piramal Enterprises Limited. Risky Trade