NSE:PEL
PEL gives brake out on daily chart.
I am buying this stock
Near 975
And follow sl on 865
My target will be 1135
My risk reward ratio is 1:1.50
Return on capital 16%
this stock is broken the channel and retested,
if this failed to push the price upside,
fall will continue to demand zones, we have a demand zone at 890 levels,
if this fails fall happens.look for buy at demand zone.
on topside resistance is showing at 1017 levels.
we have a chance of continuation in this stock.
