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mklives

PEL monthly chart.. Bearish Engulfing?

Short
PIRAMAL ENTERPRISE (NSE:PEL)  
mklives Updated   
NSE:PEL   PIRAMAL ENTERPRISE
Trend Analysis Chart Patterns
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trendanalysis chartpattern
i would be cautious on this stock even though its a lot of people preferred stock..

Disclaimer: not an trading/investment recommendation
not invested
Feedbacks welcome :)
Comment:
broken monthly trendline..can except lower levels after bounce
Comment:
broken monthly trendline convincingly. expect 1900 first.
Comment:
first target 1900 reached.. can test 1600 down the line..maybe even 1450..
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