PEL will hit 3200 soon... Enter Below 2890. 1 : Based on chart pattern and news. 2 : Medium Support Zone medium hold required. . . . Educational Purpose Only.
PEL Looking Bullish Above 2680 if sustain above 2680 on 15 minute candle closing it will touch 2725-2790-2850
Cup shaped accumulation seen in PEL, will it break and move ahead?
Pel, within wave III, wave 1 & 3 were equal, therefore, there is a good chance of wave 5 of wave III getting extended. within wave 5, lower degree wave i and ii looks complete and wave III should now unfold. daily oscillator stochastic has completed its pullback cycle and turned positive in oversold zones, and bands have narrowed. once macd turns positive and...
PEL Looking Bullish above 2150 can give good move 2170 -2200- 2300++
Piramal enterprise currently trading in the range of 1640-1740. It's chart is looking good for upside. So we give buy recommendation on Piramal enterprise with target of 2000.Logic behind the trade and levels marked on the chart. Strategy: Buy range:1740-1710 Add more @ 1680-1650 SL:1600 Target:1835/1925/1990 Educational purpose only. Consult your financial...
PEL broke out cup and handle formation few weeks before now it has retraced the horizontal level of cup and handle. The retracement is complete if it closes above the level postively this week.
PEL last friday closed at its support and formed a inside bar candle. Analysing carefully its formed Head & shoulder pattern, and respected the neckline which is also a strongest support to breach. Recent volume was higher than it's moving avg. volume Positive points: LTP trading above 50MA, and previous close. Volume was higher than previous volume. Narrow CPR,...
Long Targets are 2025 then 2116 then 2209. Will take at trendline.
Soon we can see a good movement either side, keep in watchlist My view BULLISH
This analysis is done purely on basis of price action and chart patterns Analysis is done on Daily TF hence it may take few days to few weeks for price to reach the given target Trade set up with SL and target is shown in image itself. This is not a trade recommendation. Do your own study before entering into any trade. Trade with your own risk & money...
PEL broke out of the parallel channel with huge volume. Buy opportunity at the possible retest of the upper trendline of the parallel channel. Note: Only for educational purposes.
PEL CAN SHOW 1284, 1250 AND 1180 Disclaimer I am not SEBI REGISTERED Analyst My Studies are Educational purpose only Consult with your financial advisor before trading or investing
buy and add in 1535-1600 more trgt-1646-1718 for short term
ALL THE LEVELS AND PATTERNS ARE MARKED ON CHART, RED ZONES DENOTES SUPPLY ZONES AND GREEN IS FOR DEMAND ZONE . BUY NEAR 1475-1456 The indicator used: 1) Daily Lines plots Daily 20 (BLACK) & 50 EMA (GREY) on lower time frame charts - NOT ACTIVE IN THIS CHART. 2) TE-REKAB - PROPRIETARY INDICATOR - PB : PULLBACK If you like the analysis, do leave a like and follow...
1435.10 is good resistance . , you can short PEL @1434-1433 and add more if it retests 1435.10 and closes below it. target 1 1422 , target 2 1405. SL 1443.