Pennant

There is a pennant where auropharma is resting. Let it rest, once it crosses 700-705 resistance keep a watch for a push to 722-725 Target Zone keeping stop loss below 687. Risky Trader can consider to trade in 690-695 but with strict stop loss & once you get confirmation at your end. Safe Traders Above 700-705 Zone for 722-725 Target Zone- once it crosses the ...

Last Price@20.40 11th Aug2017 As suggested in previous update - "Magic of 9 repeats for 30". We shall look for JP Associate to run into pennant zone 18-21. Here we are at 19 -day low@11th Aug2017. If holds then we look back close to 30 again. Trade carefully. Nifty is melting. Have added latest update to Nifty long term analysis@22nd March2017. Magic of 9 ...

#Symphony Ltd Symmetrical triangle from last 2.5 year. Accumulate some upto 1400-1300 for long term. Add more above 1600 cmp-1461 30-07-2017

BHARAT FORGE Prepare for Breakout. Projection of some HARMONIC Pattern. All Plotted in Chart. Trade setup on Query / in Market hour when opportunity comes. For FnO strategy: On QUERY. If enriched your knowledge and would help you in trading, Please don't forget to Hit / Click Like button. Your likes are the only motivation to post better ideas in ...

Everything is mentioned on charts... Note: Do your own study before making any poistion...

Hi, Ashok leyland charts look super bullish as its given a pennant breakout on weekly chart & it can be considered as a long term pick. Investment Idea Ideal Entry : 97.5 Technical Target : 90 + (112-15) = 187 Stop loss : 84 or below as per risk appetite ( close basis). Chart & details shared for study purpose - Please consult financial advisor before invest. ...

Stock is an upward channel. Broke recent resistance and now is consolidating in a pennant formation. A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.

It is been observe on the daily chart that the price action breaks out from a bearish pennant pattern, indicating a further fall to downside. Target: 130 Stoploss: 144

The stock has broken out of the pennant formation with great volumes. One can go long for target of the pole's height "d" as given in chart. SL can be at the new trend line support of pennant or the low of previous breakout candle. Still stay cautious as may dip a little due to doji formation or may go up. (doji indicates indecisiveness).

The stock has formed perfect pennant pattern and gave breakout with gap and good volume. It is trading below the trend line clearly telling more weakness in coming days. One can short the stock for a target of below 925.

Rane brakes lining will continue it's bull run for 1600+

I like to trade Flag(Pennant) pattern simply because it is relative smaller pattern so the holding period is less and risk to reward is mostly good. I've detected another pattern which looks promising as formed correctly fulfilling all the criteria. My only concern is its closing at the lower side forming a wick on double top zone. Is it an opportunity to enter ...

The stock has formed a good pole and flag part with decreasing volume : showing the accumulation happened and gave breakout yesterday with good volume. All this make it a perfect Flag(Pennant) pattern to take advantage of. Entry best possible rate, Stop Loss 228, Target 255.

The stock has formed a beautiful Pennant and giving breakout now making the new high. One can buy the stock for the target of 170 providing the stop loss just low of today.

Bull Pennant Pattern on Kotak Mahindra Bank.

Beautiful Pennant pattern gave breakout with higher volume two days ago. It is retracing which offers a good opportunity for short term gain. Mostly the Pennant is formed in half way which means that price may move as much as before forming the pattern. Stop Loss 68 Target 85. Risk to reward ratio is quite reasonable.

The stock has formed a beautiful pole and gave breakout today after 8 days of consolidation with good volume. It fulfills all the criteria for a valid FLAG (Pennant) pattern One can enter long for a target of 1010.

Trade able Pennant pattern gave breakout with higher volume yesterday. It offers a good opportunity for short term gain. The pattern is relative short pattern so the target can be reached in next week. Risk to reward ratio is quite reasonable.