PIRAMAL ENTERPRISE on WATCHLISTim excepting a bearish tomorrow and a bullist breakout on monday. a good stock at a discount price and has a decent fundamentals. could be a good buy for few weeks or months
PEL trade ideas
PEL : Bullish : Inverse Head and Shoulder Pattern ReversalDisclaimer: I'm not a SEBI register advisor, This analysis is just for educational purposes. Please do not engage in trading based on this.
All Levels are marked in the image itself
PEL FORMING INVERSE HEAD AND SHOULDERThe stock is forming an inverse head and shoulder on larger aspect which also can be called the dominant or bigger pattern moreover if we look at smaller aspect the stock is forminng cup and handle the cup has been formed and now the process of handle is being initated . the downtrend part of the handle has been finished and now uptrend is going to take over . the stock has taken a crucial support at the 881 levels twice which shows further reliability . the stock can reach till 1131 level in no time and 1640 in 2-3 months followed by unprecedented rally
PEL me bada KHELStock is trading at 0.74 times its book value
Stock is providing a good dividend yield of 3.50%.
Company has been maintaining a healthy dividend payout of 34.8%
Promoter holding has increased by 2.71% over last quarter.
Piramal Enterprises - Best swing trade idea📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Falling Channel
📌 Symbol/Asset: PEL
🔍 Description: Stock is around good support where we can clearly see Low of Polarity and Falling channel support.
Well around 810-815 is the strong support because there is a Quarterly low.
We can see good bounce here on.
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
Piramal Enterprise Bullish IdeaFor Educational Purpose only
good above 977 for
target of
1) 15%
2) 30%
3) 60%
Also long term view above 2X
SL Daily Close below 860
Analysis of Piramal Enterprise Chart 💹
Good to buy above 977
Good Breakout in weekly timeframe on 22nd May
at present support confirmed on 0.618 fib golden level also good volume coming in this week also it form Double bottom which is bullish pattern in Daily time Frame and breakout its neckline
for reference Look at the chart images
This analysis is For Educational Purpose only
BUY PELLook into the chart. Stock moving towards proper buying levels after making a HIGH , so the trend is up.
Good to hold for Swing Trade / Short term trade.
PEL - How to trade today
Please read the notes on the chart.
Time candles to trade between:
12-15-23 10:08 AM
12-15-23 2:34 PM
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 for educational purposes.
Let you grow. May! I follow you.
PEL - Bullish - How to trade.
PEL is bullish for the month. But, it will take atleast 2 more days to confirm because it is trading below 200 SMA at hourly level.
Buy, with confidence but caution INR 902.5 and 11. 58 a.m. candle is important. It may happen that the price may move sharply above in the beginning and then come down or move down first and then move up; so, don't get exited and trade judicially.
PEL - How to trade today
PEL has a support at 895 but it is not yet confirmed yet. Tomorrow's candle 12-13-23 1:49 PM which is pivotal will decide next weekly trend for the stock.
Please buy only above the high of time candle today. Before making a decision to trade on the stock, please refer to the notes mentioned on the chart.
Still have a question, please write to me. I would like to answer all your questions. This is the only way we can understand the concept and improve our trading.
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 for educational purposes.
Let you grow. May! I follow you.
PEL - Simplified Explanation
In a very simple way future movement has been described. Please read the notes on the chart.
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 for educational purposes.
Let you grow. May! I follow you
PEL -Update Live Market Analysis
Just reverse the order of time. If price remains above 912 after 2.08 p.m. and above Low of 29th November 2023. Buy above this candle. Those who do not have the holding capacity, wait till Monday.
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 for educational purposes.
Let you grow. May! I follow you.
PEL - Stock to Buy
Buy only above 929. Silver curve is the curve at which institutions buy. Levels to watch 913, 917 & 923. Buy only after 9:42 a.m. and if price remains above this candle close your trade before 2:08 p.m.
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 for educational purposes.
Let you grow. May! I follow you.
PEL - LongPlease refer to my previous post on the stock of Friday. Buy only above white Pivot line.
Also refer to the notes on the chart.
Price should remain above 11:27 a.m. candle of day before yesterday and then cross 9:16 candle of Friday.
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 for educational purposes.
Let you grow. May! I follow you.
PEL stock to take long entryHigh probability that the stock will bounce back from the 200 EMA level. Watch green candles at the 200 EMA level. RSI showing +ve divergences. All import levels have been marked on the charts. This is for your educational purpose only.
PEL - Bullish
PEL Trading above 200 SMA on Daily chart. Buy only above high of 11-30-23 11:06 AM candle and
tomorrow's candle 12-1-23 12:24 AM is pivotal. Once price stays above it, nothing to worry.
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 for educational purposes.
Let you grow. May! I follow you.
PEL GOOD FOR SWING TRADE The 954 levels were crucial for the stock and it has rebounded from that levels which shows good sign for the stock moreover it can rally till 1131 in few weeks . also upon completion of the 1131 level it will complete cup and handle pattern and for long term can give good returns upon breaking out which is of 1606 levels
PEL FORMING CUP AND HANDLEThe stock has resistance at the 1131 levels and the stock is forming a perfect cup and handle pattern
#Pel - Box breakout possible RR - 1:1:4:9#Pel - Box breakout possible RR - 1:1:4:9
Small SL defined
PS : Only for learning purposes. Please consult your financial advisor before investing.
PEL BREAKOUT CAN BE DONEPEL
cmp 1057
everytime bouncing from trendline support
sl below 1020
tgt 1070--1090--1100
above 1100 closing tgt 1200 intact
short if close below trendline....
with minimum sl I will update...
for 1000---950
Regards....
Keshav...
25/08/2023
Disclaimer:
I am not a SEBI Registered analyst...!!
Charts are made only for study purpose and paper trading... !!
PEL - BTSTGood time to buy Pel call or put options on monday based on movement. Lower high indicates goes down sometime lower high crossover indicates goes up wait for the movement and also put stoploss
