Pennant
LEVELS TO WACTH IN SHRIRAM TRANSPORTNSE:SRTRANSFIN
PENNANT PATTERN IS FORMED ON A DAILY TIME FRAME.
Onces it break this pattern there is a chance that it will a move both side.
a target of 1291 can be seen in near future.
This is for educational purpose.
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
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