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Bullish Pennant

BHARATFORG Ready for Upmove ??!!Chart pattern does insist me to go with above titled opinion REASONS 1. Bharatforg has been trading inside Expanding triangle and currently it is under its upswing move inside the major expanding triangle. 2. In Weekly timeframe, there is a Bullish Pennant formed and Breakout has happened it seems( volume not so good ) 3. Target and SL mentioned @ chart 4. SL(less risky) can be Day candle closing out of dark blue Ascending channel . 5. Pink trendline (884 level) seems tough and Day close above that line may confirm the bulls approach !!! Let's wait and watch how it moves!!!! Note- Just Sharing my view....not a tip nor advice!!!
NSE:BHARATFORGLong
by mmjimm
BAJAJFINSV - Bullish Pennant Breakout - Great Potential - Swing 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. 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 with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:BAJAJFINSVLong
by TradewithAditya
IndiaMART is ready for Blast IndiaMART, the country's first and largest B2B digital marketplace, has emerged as a game-changer in the B2B scene. It focuses on quickly and easily integrating Small and Medium Businesses (SMEs) into the new paradigm; it is continually pushing the boundaries of innovation to make the online marketplace more accessible, visible, and engaging to them. This B2B classified market connects buyers and suppliers. On the platform, there are 14cr+ customers and 70L+ providers. Because 36% of providers are also purchasers, the system is remarkably self-sustaining. A subscription-based business model that is simple to administer. Technical :- In this, Price made a symmetric triangle pattern in higher time frame and also made a bullish penant pattern in smaller time frame. Entry :- 15min Time Frame triangle breakout retest Stop loss :- ₹4580 Targets :- ₹5255,6875,7770,8800,9670,11390,13570,17390,19520 (Big targets are for the long term)
NSE:INDIAMARTLong
by Sanaatani_trader
BAJAJ ELECTRIC - Falling Wedge + Bull pennant breakout - SwingThe 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. 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 with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:BAJAJELECLong
by TradewithAditya
KIRLOSBROS - Bullish Pennant FormationGood 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 links below DISCLAIMER - Please do make your own analysis before investing.
NSE:KIRLOSBROSLong
by BullsVsBears_NSE
PEL - bull pennant breakout - Swing tradeThe 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 with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
NSE:PELLong
by TradewithAditya