R-0194 Short Term Cash Buy PEL @1513 - 1515 SL 1476 TGT 1575Short Term Cash Buy PEL @1513 - 1515 SL 1476 TGT 1575
Above VWAP + TK cross over + MACD cross over GO LONG
PEL trade ideas
4Hr chart continue from the last thread of PELNSE:PEL
Target
SL and pattern mentioned on chart only.
Buy PEL target of 1600Why:-
1. Stock has been bottom out as per the last swing.
2. Monthly expiry short covering may happen.
3. Risk Reward ratio is favorable.
4. 50 EMA touched 200 EMA. (Indicates golden cross over)
5. Today's daily canadle - Shooting Star
I will buy Sep 1500CE and sell 1600CE as a SL.
BULLISH ON CHARTS BULLISH ABOVE 1420 LEVELS FOR 1480
EXPECT A BULLISH TREND IF BREAKS 1480
BULLISH ON CHARTS
KEEP IN WATCH LIST BULLS BULLISH FLAG BREAKOUT ABOVE 1365 LEVELS
EXPECTED HIGH VOLUMES AND LIKELY TO HIT 1434 FROM PRESENT LEVELS
KEEP IN WATCH LIST BULLS
Piramal Enterprise looks week on chartsGuy just take your cursor on chart you will know Target and Stop loss..
we are not SEBI registered
PEL.When drawing trend lines it is best if you can connect at least two tops or bottoms together. The more tops or bottoms that connect, the stronger the trend line.
So how can you use trend lines to your advantage? When the price approaches your trend line, only two things can happen.
1) The price could either bounce off the trend line and continue the trend.
2) The price could breakout through the trend line and cause a reversal
Short selling is coming for PEL on intradayPEL coming as short in Intraday for today.....
Reach me if you want to learn
