If 15 min closes above 1487.90. go long for a target of 1500 at least and trail rest for 1510 -1520.
Hello 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
This 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
As 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...
on daily chart volume has been soured, if given breakout above 1607 go long NSE:PEL PS: for learning purpose only
Why:- 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.
Please do your own research before trading or investing.
Sustain Above 1400 can go long for targets of 1410,1420,1430. with stoploss of 1394
PEL WILL MOVE TOWARDS UPSIDE CAN PUT STOP LOSS AS 1455 AND ENTRY AROUND 1477-1488.
If sustain above 1430 buy for target of 1440,1450++ with sl of 1420
Guy just take your cursor on chart you will know Target and Stop loss.. we are not SEBI registered
PEL coming as short in Intraday for today..... Reach me if you want to learn
plan your trade, based up on your setup, then trade your plan.