PEL trade ideas
PEL can give you good swing.....Just wait for the lowest retest near around 1800- 1780 area and let the price to act with volume to get minimal sl. Pls do exits based on days close concept. It is not necessary to attend all the parties just GO for that which you are invited. so wait for the invitation. Happy trading...
PEL - Bullish viewAll details are given on chart. If you like the analyses please do share it with your friends, like and follow me for more such interesting breakout charts.
Disc - Am not a SEBI registered. Please do your own analyses before taking position. This post is only for educational purposes and not a trading recommendation.
PIRAMAL ENTERPRISES LIMITEDPEL Chart shows a DISTRIBUTION PHASE for a LONG TIME .
AND this give a BREAKOUT ON DOWNSIDE , IN WEEKLY CANDLE shows the BEARISHNESS . WAIT for NEXT CANDLE FOR CONFIRMATION.
After the confirmation The next Targrt price range is Rs.1930 - 1870
This is our view of PRICE ACTION .
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THIS IS FOR EDUCATIONAL PURPOSE ONLY.
PELNSE:PEL
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