2 FVG have formed after positive release of news It may trade into the second FVG so have some sort of an appetite to digest such a price move Although low risk to reward, solid concepts in play which is the important thing to consider Keep It Simple
I Observed these Levels based on price action and Demand & Supply which is My Own Concept Called "PENDAM CONCEPTS" ... Please Don't Take any trades based on this chart/Post...because this chart is for educational purpose only not for Buy or Sell Recommendation.. Thank Q
very weak move , it is going to 800 lelvel because their is support and more buyers if it shows weakness then its next support is 750
1. Trend Side ways to bullish 2. Price under consolidation after a pull back 3. Probability is of upside and RR is favourable 4. RR: 1:13+ 5. SL: Follow on weekly closing basis
PEL on an upwards slope of RS score for the past 4 weeks (Considering 750 Stock universe of Nifty 500 and Nifty MicroCap 250). Although the RS score is just 30ish, but a positive technical cross of 21 EMA and 50 EMA can be observed with it being closer to a small base BO on daily timeframe. Tracking now to see if one can take position if this RS improving streak continues.
Neckline is very critical since it is same area for previous bearish rounding top & current bullish cup & handle. Therefore that's the range shift level for the stock. That is also 50% of Fibonacci. Cant be coincidence :) Place to trade for both longs & shorts.
PIRAMAL ENTERPRISES (1W TF) - Swing Trade Analysis given on 5th Feb, 2024 Pattern: FALLING WEDGE - Volume Spike at Resistance - Done ✓ - Breakout - In Progress - Retest & Consolidation - In Progress #stocks #swingtrade #chartanalysis #priceaction #traderyte #PEL #stockmarket #sharemarket #viral #sharemarketindia #StockMarketindia #investment #stockstowatch
Long PEL in FUT MARCH between 885-900 for 100 points deets on chart
PEL has been a slow runner. Currently on a monthly chart basis it is forming a doji kind of pattern at the Fibonacci levels of 38.2% which is based on the high and low of the chart . Expecting some trend turnaround on this one atleast for short term. With such a pattern I personally expect 2 levels up on the Fibonacci levels which are 1042-1211 on a monthly...
In weekly chart inverse head and shoulders pattern formed almost 65%, after 4 month we can expect 1140Rs. as first target
Refer chart for details Stock name : Pel Timeframe : daily
Hi every one pel stock anytime reverse honga to day candle me swing trade karo Call ce future stock
Weekly and daily breakout for perumal. We can go long with limited stoploss below swing low.
PEL | Almost 80% INHS visual is complete. Looks good for 65-70% rally CMP : 926 SL : 800 Target : 1500
PEL is on the verge of huge break out, but trade with caution as mentioned on the chart. This is the stock of the month and is ready to shoot. Bullish in all the time frames. Disclaimer: I am not a SEBI Registered Analyst. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits/losses. This is only...
Pel after a long time has made a HigherHigh on weekly Basis. Now at retracement point. Good to buy and Hold for Shortterm and add more in Dips too for Better rewards
Hi every one one PEL 1080 CE FAB OR MARCH 2024 rocket
Down trend price consolidation in channel pattern Given upper trend line breakout fundamentally undervalued stock stock getting volumes good stock for holding purpose