做空

PEL : Trade Setup

由vimal.kr.pathak提供

Hi Traders,
PEL is in sell zone and it is moving in downward direction with a bear flag. A bear flag pattern provides an extension/continuation to an existing downward trend.

Stock Analysis
* Stock has broken trend line.
* Stock has broken support line.
* Developed bearish flag pattern.
* Retracement of flag is less than 50% of its Pole.

Sell Level
Current price level

Target Level
TP1= 1143.20
TP2= 1044.10

**********************************************************************************************************************************
If it is helpful for you, please show your support and hit the LIKE button.
Provide some feedback below in the comment!
This would give us encouragement to keep sharing our ideas here on this platform.

###Learn To Earn###

* This analysis is educational/learning purpose only.
* Trade at your own risk.

Trade well,
**********************************************************************************************************************************