Move lower to drive higher.Patience is required when we look at daily time frame analysis. But remember HTF order flow is KING. Buys from the OTE marked.
PEL trade ideas
Trying to move and rediscover old gloryPiramal Enterprises Ltd engages in the business of pharmaceuticals and provision of financial services. It operates through the following segments: Pharmaceuticals Manufacturing and Services, Financial Services, and Healthcare Insights and Analytics. In 2011 it saw Fortune 500 ranking Piramal Healthcare in the top-50 largest corporations across India.
Piramal Enterprises Ltd CMP is 925.75. The Negative aspects of the company are High Valuation negative PE (P.E. = -10.30), Declining cash from operations annual and FIIs are decreasing stake. The positive aspects of the company are Low debt, zero promoter pledge, MFs are increasing stake and improving annual net profit.
Entry after closing above 932. Targets in the stock will be 971, 1010 and 1055. Long term targets in the stock will be 1085 and 1138. Stop loss in the stock should be maintained at closing below 848.
The above information is provided for educational purpose, analysis and paper trading only. Please don't treat this as a buy or sell recommendation for the stock. We do not guarantee any success in highly volatile market or otherwise. Stock market investment is subject to market risks which include global and regional risks. We will not be responsible for any Profit or loss that may occur due to any financial decision taken based on any data provided in this message.
PELI Have learnt technical analysis for swing trade , please gothrough full video take it as learning video and do your analysis, feel free to comment.
PELThere seems short term breakout in PEL if it sustains above current level then we can see some good move upside
ACCUMULATE ACCUMULATETrendline breakout with good volumes . Good place to accumulate with very tight stoploss
PEL--Channel Breakout??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.
pel 4hr time frame buy @ 926.50 target @ 1002 pel 4hr time frame
buy @ 926.50 target @ 1002
decending channel breakout
risk reward 1.65
its just a view trade @ your own risk
sl@ 876.75
PEL : Biggest Breakout of 4 month Piramal Enterprises has formed Descending Triangle pattern
Stock has given huge breakout around 930 levels
Target would be around 1150-1100
850 is Strong support for long term
If we correct then prices may take support around 850 levels.
Disclaimer : We are not SEBI registered analyst. Do your own research before taking any investment decision.
PEL LONG After a long downtrend stock breakout Trend line with good volume
Moving averages also react as a dynamic support
Macd Bullish crossover
RSI indicate Bullish
Chart setup is favour of long trade
Go for long when price break last day high
SL below the trend line
Very good Risk Reward.
Disclaimer This is my personal view for education purpose only
No Buy sell recommendations.
ABCD pattern in PELPEL is in buy zone considering other peers
keep stop loss as 888 on day close basis
Target can be 15 to 50% ramge by next year
Pel Swing stock Simple ORB STRATEGY with volume above the blue line close D chart i will buy and sl below the red line close D chart just a view educational purpose only conform with your own analysis or financial advisor
Reversal Double Bottom pattern in PELPIRAMAL ENTERPRISES LTD
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Reversal of Double Bottom Pattern.
📈 It can give movement upto the Reversal Final target of Above 953+.
📈 There have chances of breakout of Resistance level too.
📈 After breakout of Resistance level this stock can gives strong upside rally upto Above 1022+.
📈 Can Go Long in this stock by placing a stop loss Below 850-.
PELGOOD STOCK
SUPPORT @870.00
SL- 835
Chance to fill the gap
stock in oversold zone
so add in watchlist
for swing
trapped in resistanceTrapped in resistance, needs to breakout of negative channel to give some good hopes. Might be the good results can help. Hope for the better financial results.
PELThese are swing idea's which you can add your watchlist and analysis for yourself.
Keep on radar.
Potential upside stock!
This content for only education purpose!
I am not SEBI Register.
PEL Continues the Bullish momentumPEL has gievn breakout earlier. After the 1st eliot Wave it had a nice consolidation and now ready to go for wave 2. people who missed the 1st wave entry can enter here.
Reason :
Eliot Wave thoery 2nd wave is about to start
RSI is bullish Zone, and showing RSI bullish Diversion.
Price is > EMAs
Price has taken support at VWAP.
Break of the important resistance after nice accumulation.
Bullish trangle breakout to the upside.
Verdict
Bullish
Plan of action:
Buy: 1128
Stoploss: 1089
Target 1299
PEL at an important resistance level in 1D timeframePEL is trying to break an important resistance level of 1125.00 multiple times.
Go long if it gives break out on 1125.00 level
First target can be 1145.00 and so on
Happy Trading :)
My View on PELPEL
Looking Good on long term chart
Above 1141
Tgt 1180-1200-1220++
Clear breakout above 1141
Keeping on radar PEL 1150 CE
Ascending Triangle pattern breakout in PELPIRAMAL ENTERPRISES LTD
Key highlights: 💡⚡
✅On 1Day Time Frame Stock Showing Breakout of Ascending triangle Pattern.
✅Strong Bullish Candlestick Form on this timeframe.
✅It can give movement up to the Breakout target of 1275+.
✅Can Go short in this stock by placing a stop loss below 1070-.
PEL Simple Price Action Analysis BullishFor a long time NSE:PEL was moving in a sideways manner and now a clear Conventional Symmetrical Triangle formed in it.
Symmetrical Triangles are a Continuation Pattern, if they form after a Rally, then the price must continue its upward movement.
This is one of the strong reasons why I think this stock will go up.
My First Target will be 1768.55, i.e., the highest price this stock has ever achieved, and then the Final Target for now will be 3053.
This Stock should be bought at every dip and should be held for the set Target.
PEL# PEL
Make falling wedge chart pattern in daily time fram take break out at previous High and make retest at that level , 50 EMA cross 100 EMA from below also take support of 50 EMA that is bullish Sign MACD line and histogram saw fair value for bullish way so first Target will be 1155.90 and stop loss will be 931.15
This is for educational purpose not a trading advice so that's my view comment down your view 🤗
