forextidings

NSE PEL: Watch-Out For Cup And Handle Breakout

forextidings Güncellendi   
NSE:PEL   PIRAMAL ENTERPRISE
Price has been trading in the long-term channels for more than 16 months. After making a low of 785, prices started rising to the upper band of the parallel channel. Currently, prices are trading above 100 EMA.

PEL has formed a value area with a cup and handle pattern. The neckline of the cup and handle pattern is also the upper band of the value area at 915.

Yorum:
This is the reason i don't prefer trading chart pattern without confirmation.

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.