This analysis is in 15 minutes timeframe Tomorrow if you see a Bullish breakout you can activate the swing, then you can activate your swing, after that bring your stop-loss to cost and continue your trade...
In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole. Script =...
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...
Flag and Pole + Bullish Penant pattern. Respecting the 50 MA line Targets of 414-430-450 canbe achieved on breakout. Keep SL below the demand zone or a closing below 50 MA line. If breakdown, then short targets can be 380-368-360 Undercurrent is bullish. *Always trail your profits. *This is just a view, trade at your own risk.
i think it will make a pattern of bullish pennant in smaller time frame and it will go up with the trend as i can see the pattern . I want u all to help me, and confirm if my idea is correct or not . Your help will give me confidence
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...
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...
A Bull Pennant Pattern Formed in MRF After a Rally After a Breakout You Can Expect a Good Move Again
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...
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...
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:BIOCON #BIOCON Cup & Handle Levels marked for practice. 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...
Dmart is looking strong enough after so much time, its also formed Bullish Pennant formation on daily time
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
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:TATACOMM #NSE:TATACOMM formed beautiful cup&Handle pattern... Message me for levels, check the details on my profile.