NSE:BIOCON
#BIOCON given on friday and it zoomed near to 2nd target.
Wish everyone bagged decent profits.
Other stocks posted and resulted, check.
Happy LEarning !!
NSE:HINDALCO
#NSE:HINDALCO formed beautiful rounding bottom, breakout confirmation may give good momentum.
Levels marked on chart for practice.
Happy LEarning !!
The analysis is done on hourly TF hence price may take hours to few days in order to reach the targets.
Trade setup is explained in image itself.
The above analysis is purely for educational purpose. Traders must do their own study & follow risk management before entering into any trade
Checkout my other ideas to understand how one can earn from stock markets...
Strong rangebound consolidation & near breakout
400 range entry with SL below 385-375 support range
at 325 entry level took 200ema daily support & RSI divergence
Good bullish Pennant formation. Pull back from all time high and consolidated in a falling wedge pattern, giving a breakout.
Risk reward ratio is very much favorable at 1:4 with the SL-closing below 345 and 1:2 with SL below the support trendline, targeting back to the All time high range of 500 LTP 372.
Please see weekly and monthly time frame view in the...
The bull pennant is a bullish continuation pattern that signals the extension of the uptrend after the period of consolidation is over
TAREGETS are open after breakout with high volume or wick rejection .
I am not a sebi register this only for education purpose .I am not responsible for any loss or profit
NSE:GMRINFRA
#NSE:GMRINFRA trading bullish with our breaking support and zoomed today with 300% returns more than a lac bagged with this script today !!
Chart attached for your reference.
Happy to see the charts performing after many days, wish to see many profit screens !!
check out my profile for complete details.
NSE:GMRINFRA
#NSE:GMRINFRA trading bullish and reached Resistance, Post confirmation may show good momentum.
Interested may ping in personal for the levels.
According to chart anylasis its making cup with handle patterns with very good volume its good sign for bullish trande.
Buy @150 or above
Target : 165-180++ very soon !!
It looks like Bitcoin is forming a bull pennant on the 1h. The technical target out of the bull pennant is around 70.7K.
I would place my tp just slightly behind the target to prevent it from not being hit.
I would trade this pattern only if it break out to the upside. this how my trade setup would like. What do you think about this set-up?
NFA
![REDINGTON: REDINGTON [Bullish pennant]](https://s3.tradingview.com/t/TFhJK6wO_mid.png "REDINGTON [Bullish pennant]")
