intradayboth 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
PEL trade ideas
#PELCrossing 694 leads the way until 750
Shunted
LL done, pH must be crossed and sustained above 688
PEL - Rectangle (Range) pattern breakdown - 15% downside potentiPEL has formed a rectangle pattern range and given breakdown at 785 levels.
Downside target is coming to 665 levels.
SL: Daily candle close above 785.
PEL Strong Support brokenPEL strong support zone has been broken. You can see the levels 650-685 soon—trade as per your risk-to-reward ratio.
This is for your educational purpose only.
Piramal enterprises for swing tardepel has given the trendline breakout today u can expect the targets of 984 and 1110
(I'm not a Sebi registered do your own research its not a investments advise )
Piramal may be a good pickThe stock is trading in a price range for the last five months. This time again at the lower levels. If able to sustain above 780 levels, may be bullish in coming sessions. The buy scenario is open only above 780. Keep it on the radar.
Only for learning and sharing purposes, not a piece of trading advice in any form.
All the best.
Piramal - Low Risk SetupThe chart shows that the stock price is again at the support levels. If bounces back, may go to 835/870. The risk-reward ratio is fine here. all levels are mentioned on the chart itself.
Only for learning and sharing purposes, not any kind of trading advice.
All the best.
long trading looking very good if the market support this movei am pretty sure that it will react to market behaviour based on my experience this would be great trade if market conditions stay above 18000
VIEW ABOUT Piramal EnterprisesThe stock is in good rangebound as marked level...if it goes above 925 and closed above it then we can see good upside whereas if it closed below 783 level then good downside possible.
Bullish In Piramal We can go for long in piramal if this week piramaal pause or break 900, stop loss shoould be this week low target 1100 piram looking good for positional
Buy IdeaRed is the stop loss
Green is the target.
Disclaimer- Analysis is just for educational purposes only.Baki apki marji.
Pel Stock Name pel
Upward Channel pattern formation on daily formation
"Higher highs and Lower highs " rule Continue
We exactly picked at support level at 849 equity price ,
Our first Target hitted well 880+
Second wave is above 882, for further Target 920++ in coming days
Piramal Enterprise may go further up till 1100 SL 775 As per Harmonic PRZ pattern, Piramal Enterprise may go further up till 1100 Stop loss will be 775
PEL LOOKING A GOOD BUYPRL has formed a base at 785 - 800 levels and looks good to buy for a bounce.
To motivate us, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
PEL longtraingle pattern
good volume
good result
adx indicating trend can come very soon
always remember if overall market is not good than there is high chances of falling too
TECHNICAL PICK PEL (GAP TRADE)Hello mates and respected senior members of Trading View here i am sharing the Daily chart of Piramal enterprises from which i identified a gap trading opportunity in it which it did by earlier two times so mine view is that a gap down area which i mentioned by a circle on daily chart it could be filled again because as earlier two times it gives a close above again on that gap area so we can expect that the gap area again filled by it which you can say identified by the pervious trend which is clearly visible on this chart stop loss must be a close below of gap resistance on daily chart basis. The trade is supported by volume and Bollinger band indicator which i am sharing below by the image.
Many regards and Best of luck for your coming trades and investments.
This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk.
BOLLINGER BAND SUPPORTED CLOSED ABOVE ON UPPER BAND-:
TARGET-:
PEL Cmp 860 dated 31-1-2023 Triangle BOPEL Cmp 860 dated 31-1-2023
1. Triangle BO done @ 855
2. Chart making higher lows.
3. RSI BO
Buy @ Cmp for target 880-900-925 SL 820
Disclaimer :
I am not a SEBI registered Analyst so please do your own Analysis before taking any action.
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, please trade at your own risk.
PELIn the Weekly chart of PEL ,
We can see that, it has spent a Quality time in 800-900 levels.
Also, recovery in W pattern failed.
Let it retest and respect the Trendline and create Price action for upward momentum.
Enter after retest with a SL and 1100 as target.
PEL near crucial support level.PEL is trading near crucial support level and there is volatility compression. Stock is in downtrend but currently taking horizontal support. Either side breakout shall give good returns.
