granules : cmp 316
stock is trading with bullish pennant pattern .
usually trades are taken when upper price trend line is taken out with volume .
our trade can be initiated at lower price support trend line where its trading now .
we can extract the up move from this support zone too .
bullish pennant forms after a big up move of a stock to form pole...
NSE:SBIN
#NSE:SBIN All the levels marked are previously shared only, one new level marked today, Plan accordingly !!
Wish all the levels are helpful for your trades....
After adani news, Adani port is in sideways from past 6 months.
Share is trying to form a pennant
If 730 is taken out we can see a good movement in this share
Buy adaniport @730
with stop loss 675
target 1100
Info Edge Cmp 6296 dated 1.11.2021
1. Small Triangle BO @ 6290 at support
2. RSI Divergence
Buy for a 6385-6550-6650-6815-6950 SL 6100
It is just a view, pls trade at your own risk
MOVR/USDT is forming bullish pennant and Parachain news is going to come soon because of which it has higher probability of breaking out upward.
Let’s see how this pennant will play out
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 !!
Balkrishna Cmp 2520 dated 10.11.2021
1. Pennant formation.
Buy for a tgt of 2575-2600-2640-2700-2740
SL 2475
It is just a view, pls trade at your own risk.
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
On 9th Nov 2021, the stock gave a strong upmove as the market opened, thereby consolidating over the day. The structure resembles a bullish pennant formation on 15 min chart (Quite visible at 1H charts too). Support Region remains around 55.5-55.6. A breakout from here can instill fresh momentum in the stock and further upmove.
**I am not a SEBI Registered...
$IOTA bottomed out at $0.6 and has taken strong support at $1.00. It has been accumulating within a Bullish Pennant and looks set for a breakout.
Buy above $1.43 with Targets of $1.6, $1.75 and $1.95.
