PEL trade ideas
Piramal EnterpriseBreakout given and sustaining above supprt level on weekly Chart.
Cmp 1492. Can expect a target of 1700 in short term.
piramal enterprise trend line breakoutprice make really good breakout of trend line
same as head and shoulders pattern
Long - Piramal Enterprice (PEL) Inverted Head and ShoulderHello Aliens,
Piramal Enterprise is making a beautiful price structure with potential bullish trend. Breaking above 1480 could give a safe and confirm entry to go long side.
Possible holding period is 1-3 months at least.
I hope you will benefit from this knowledge.
-MetaVish
PEL Rising Wedge - Intraday/very short term swingThis analysis is purely based on price action
The analysis is on 15min TF hence target can be achieved in intraday trade or in couple of days
Trade strategy is explained in image itself.
Always plan your trade & trade your plan
Keep trailing SL accordingly once in trade
Trade at your own risk and money management
Feel free to comment for any queries & suggestion
PEL INTRADAY TECHNICAL ANALYSISAs per the Technical Analysis Chart Pattern, PEL Share Intraday view.
The potential upside with the view of 1334 as the first target from the current price of 1321. We can follow the strict Stop Loss of 1312. It is only Buy Above the resistance of level of 1321. 1343 can be kept as second target.
Traders, If you liked this idea, hit the like button and write in the comment section.
This is only for educational purposes.
PEL - Bearish Wolfe WavePel has bearish wolfe on hourly chart so it might take a week to reach target...
PEL
NSE:PEL
ITS NEARING ITS SUPPORT OF 1350, IF IT BREAKS AND SUSTAINS THEN 1300 COMING, ELSE FROM HERE 1400 CAN BE SEEN ON UPSIDE
CAUTION - ILLIQUID SCRIPT
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Hi all,
Its pleasure to have you all here.
I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side.
Few Honest Disclosures:
1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please
do your bit of research.
2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all.
3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity.
4. To trade in Cash, options or futures is your sole choice and your own risk
5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results.
6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts.
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Pole Flag Pattern Strict SL should be 1340NSE:PEL
Disclaimer: I am not a SEBI register financial advisor, please consult your financial advisor before making any decision.
PEL looks Very Bullish for short termPEL has broken long term resistence trendline on daily charts. it has been struggling to break resistence line for last few sessions, it broke decisively and continued holding above 200DMA levels. it can easily rally upto 1800 level in coming days. it is the right time to enter for long term. for short term also it can easily generate 20% from current levels.
