PEL Rising Wedge - Intraday/very short term swing

By AdityaKarn90
Updated
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
Trade active
Entry taken at 9:56AM candle
Entry level 1323
SL 1326 (to be trailed accordingly)
Targets as shown
Comment
SL trailed to below cost at 1317
Comment
booked 90% qty at 1304.5
trailed SL for remaining to 1310 on closing basis
Trade closed: target reached
Chart PatternsPELpiramalenterpriseTrend Analysis

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