tradeJuly 8 equity PEL.


PEL- Piramal Enterprise Ltd.
Reversal trade.
Time frame 5 min.


Reason
1 trendline break.
2 over sold.
3 market was recovering (nifty).
4 double bottom

Trade 
Entry     942.5
Stoploss   940
Target VWAP (945.5)
Exit        945.3

Risk reward almost 1:1.
Note - only for educational purpose.


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