NSE:GRAVITA : Good fundamental stock looking strong on chart
formed Pennant pattern on day chart.
On breaking out pattern can expect more 450-500 points move in stock as pattern target around 2800.
Support levels 2180-2170 zone
good risk reward ratio
for educational purpose only. no buy or sell recommendation
beautiful bullish pennant chart pattern on weekly chart. Breakout is just around the corner. Very strong fundamentals, it will be the next leader outperforming the market.
Hey friends! Today, I've got an exciting idea about BTC. On the weekly time frame, BTC has clearly formed a bullish pennant pattern. If you observe the daily RSI, it has reached the oversold area, sweeping all liquidity from the market. The weekly RSI is also around the 50 level, indicating a potential bounce with hidden bullish divergence. This suggests a strong...
Binance Coin ( CRYPTOCAP:BNB ) has recently formed a bullish pennant pattern, suggesting a strong potential for upward movement. This technical formation, characterized by converging trend lines following a significant price increase, indicates that the market is consolidating before potentially continuing its upward trend.
The breakout from this bullish pennant...
ETH : 3 important patterns detected
On the decline :
1- Rising Wedge The price can go lower to 56 000$
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On the rise :
2- Falling Wedge : The price can rise to 4 144 $
3- Bullish Pennnat : The price can reach 4 892 $
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To monitor :
- EMA.50 and EMA.200
- ICHIMOKU levels : Tenkan and Kijun
#BTC/USDT Technical Analysis: Two Potential Scenarios
Scenario 1: Symmetrical Triangle Formation
- **Current Pattern**: BTC/USDT is forming a symmetrical triangle, a common continuation pattern that usually indicates a period of consolidation before the price moves in the direction of the previous trend.
- **Upward Breakout**: If BTC breaks above the upper...
TATA MOTORS: Bullish - Bullish Pennant detected
On the rise :
A rising pennant has been detected and the price can go up around 1 108.
Plus we can reach the Gap around 1 018.
On the decline:
However we can monitor the EMA.50 ( pink) at 954, and the EMA.200 around 775.
Plus, for the purists of ICHIMOKU ( weekly) , we can go down to 843.
Watch the divergence...
As per 4-hourly chart Pattern,
#Bitcoin still be into Bullish Pattern and soon it will be towards FWB:77K -81k approx. but it will be many chances it goes towards Upwards into Bumpy rides just like previous one with some Pump-Dumps and Manipulations with Liquidations..!
Lets see...
what's and when next Ride goes..
but, #DYOR always as well Trade with #StopLoss...
SBIN forming Bullish Pennant pattern. This might be good for swing trading.
Points to Considered:
1. Pattern formation
2. Volume analysis
3. Any Conformation for Entry
4. RSI
IREDA forming Bullish Pennant pattern. This might be good for swing trading.
Points to Considered:
1. Pattern formation
2. Volume analysis
3. Any Conformation for Entry
4. RSI
NOTE: IF IT CLOSE BELOW 20-EMA & RE-TEST IT, DO NOT ENTER FOR LONG.
The analysis is done on Weekly TF hence price may take few weeks to few months in order to reach the targets. Trade setup is explained in image itself. This is a continuation breakout chart.
When price comes out of such narrow zone on higher timeframe, chances of such breakouts being successful increases manifold.
The above analysis is purely for educational...
Happiest Mind is Done almost 3 year Consoliation in form of
Bullish Pennant Pattern
it is Given Also Falling Wedge Breakout
Here R:R (Risk and Reward ratio is Also Good)
Keep eyes on this stock
CMP is 913
and Here our SL is Very Low
Hold For Big Gains
1111
1334
1537
2000+
Tata elxsi- After a wonderful c&h breakout, formed a bullish pennant in weekly and blasted today. Most probably it will close at the resistance of 8815 today. Good to buy during retracement if it happens for the target of 9400 and 10000
Falling Trendline breakout is developing on weekly chart of NSE:KCP One lookinto it to buy the scrip at cmp with a stop loss of 100 for the targets of 122, 133, 144 respectively. The stock has given the golden crossover(Bullish Signal) and 5wema is above 44wema.
Exit the position if the stop loss triggered on Weekly closing basis.
DO YOU WANT ALL MY RESEARCH...
BUY - STERLING & WILSON SOLAR LTD
CMP - Rs. 309
Target - 1: Rs. 411
Target - 2: Rs. 494
Target - 3: Rs. 576
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Technicals - Bullish Flag Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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BUY - BEL
CMP - Rs. 123
Target - 1: Rs. 164
Target - 2: Rs. 209
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Technicals - Resistance Breakout
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This is just a view by an expert analyst, please invest at your own risk.
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A bullish Inverted H&S Breakout pattern activated on the daily chart of NSE:IOB . One can create a fresh position in IOB at 26.50 with a stop loss of Rs. 23.50 for a target of Rs. 31.50.
Exit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE...
BUY - LEMON TREE HOTELS
CMP - Rs. 93
Target - 1: Rs. 115
Target - 2: Rs. 135
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Technicals - Bullish Symmetrical Triangle
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This is just a view by an expert analyst, please invest at your own risk.
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