Asset: Pearl Global Industries (PGIL) Timeframe: Weekly and Daily Technical Analysis: Weekly Timeframe: The price on the weekly timeframe is indicating a bullish trend, highlighting potential upward momentum in the mid to long term. Daily Timeframe: Similarly, the daily timeframe is showing positive signals, supporting the optimistic outlook for PGIL. 50 EMA...
#Breakout above the the symmetrical triangle. #PGIL
#PGIL trading above Resistance of 1101 Next Resistance is at 1603 Support is at 812 Here are previous charts: Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart. Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult...
Global Industries Limited (#PGIL) -It is a garment exporter. -Market Cap₹ 2,464 Cr. ROCE 19.2% InstHold 6.08% -Growth 3 Years :- Sales 23% PAT 77% -Bluesky Breakout into Strength.
In the Weekly Chart of PGIL , we can see that; it has given Trendline breakout. Enter on retest at 650-652 with SL as 610. Expected momentum is shown in chart.
super tight...single digit contraction in the stock..volume dryness as well
Bullish view on PGIL Buy above 599+ SL 570 Target 875 Disclaimer - This is not a buy and sell tips it's only for educational purpose
Pearl global created a cup pattern & has broken out with massive volumes. It consolidated or not, can be debatable. Looking at the depth of the cup, there is a 270 point move on the chart.
Inverted Head and Shoulder in PGIL On Daily Timeframe. Around 20% Upside Movement Expected. Stop loss between 565-567. Holding period 1-2 month.
just for educational purpose. I am not sebi registered
Following point to be noted 1. Near Major Support 2. Fundamentally strong Company 3. Piercing Line two candlestick patter near support very powerful
trade setup- counter trendline with pole and flag pattern or consolidation near counter trendline There are four touches which is enough for validation of a counter trendline to trade whenever there is breakout. If you see at second time touch (6 april to 29 april) , there is pole and pattern but it failed to breakout. Now, 4th time touch to counter line & gave...
Reason for long a) Bamm set up for long b) Volume spike but it is moderate still long with SL c)Weekly breakout for long d) ADX buy crossover for long
DON'T HAVE TIME TO MANAGE YOUR TRADES? | Resistance Breakout PGIL - Take BTST trades at 3:25 pm everyday - Book profits within first 30 minutes of the market opening - Try to exit taking 3-5% profit of each trade - SL can be taken when 5/15 min candle close below 44EMA Now why do I prefer BTST over swing trades? The primary reason is that I have observed that...
the stock from last year July its been on a trending spree now it has created a new all-time high with volume also creating a Darvas box which can be considered for short to medium trend trade with proper risk to reward
pgil chart analysis for intraday and swing trading other info given on chart
There was a trend reversal. But it broke that trend line and has gone for consolidation. Right now it's near support which seems a good buy. And if there is a breakout from consolidation then we can expect a Bolinder Band blast. For education purposes only.