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Pennant

Nifty futures 15 min chart Wyckoff Re-Accumulation StructureMultiple bullish signs clearly evident in the chart - The structure of Higher Highs and Higher Lows - Price Volume Analysis showing clear bullish volumes (volume increase on up move and decline on down move) - Reversal Action and spike in volume at trendline support repeatedly - Price Action and slope of the buying wave and selling wave comparison - A Pennant pattern overall in a trending market Can look for all these confluence factors in the annotated chart. Please like the post if you find it useful as it will give me incentive and confidence to post more charts based on the powerful technique based on Wyckoff
NSE:NIFTY1!Long
by thelastbull
1
IRCTC - INVERSE HEAD AND SHOULDERIRCTC formed a inverse Head & Shoulder pattern in D1 time frame and gave a breakout with good volumes. After breakout it's in consolidation phase and thus formed a flag and pennant pattern in H1 timeframe. High probability setup will be breakout of flag and pennant in bullish direction. Try to Avoid bearish direction. Disclaimer :- I'm not a SEBI registered analyst. This all are my personal views and not a recommendation. It's only for educational purpose. Do your own analysis before investing.
NSE:IRCTCLong
by abhijit2608
Will BEL Sustain ?This is 1D timeframe. After a good bullish rally it went in a consolidation for last 3 months and now showing some strength. 1] Last day it had gave breakout from this bullish pennant pattern, with a strong Bullish Belt Hold candlestick type. 2] It have recently gave strong rejection to bears and have formed bullish hammer at support trendline. 3] Volume increment with breakout. It is near it's short term resistance(R1) which is at 249-252. If this is broke by it in next coming days and give a closing, then there is high propability that it may hit it's 52 week high. This post is for information purpose only.
NSE:BELLong
by AkshayAdak
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