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PEL Rising Wedge - Intraday/very short term swing
PIRAMAL ENTERPRISES LTD
Short
PEL Rising Wedge - Intraday/very short term swing
By AdityaKarn90
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Updated
Oct 26, 2020
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Cheer
Cheer
Oct 25, 2020
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
Oct 26, 2020
Trade active
Entry taken at 9:56AM candle
Entry level 1323
SL 1326 (to be trailed accordingly)
Targets as shown
Oct 26, 2020
Comment
SL trailed to below cost at 1317
Oct 26, 2020
Comment
booked 90% qty at 1304.5
trailed SL for remaining to 1310 on closing basis
Oct 26, 2020
Trade closed: target reached
Chart Patterns
PEL
piramalenterprise
Trend Analysis
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