COLPAL Break the triangle formation with huge volume...Targets are mentioned in the chart
pattern retest done. pennant pattern formation monthly closing would be watchout for...hoping for good bulls
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...
Market now forming an bullish pennant pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
Multiple 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...
Market now forming an bullish pennant pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
IRCTC 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...
Trident forming Triangle pattern ready for a breakout after long consolidation..... Targets mentioned in chart....
IOC triangle pattern forming ..... Ready for breakout..... Targets mentioned in chart
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...
Discription: Stock Name: ZYDUSLIFE. Chart Pattern: Bearish Pennant Time Frame: 1D Entry: Reversal @340-345 Breakout Above @380+ Targets: Reversal Target @380+ Breakout Targets @440+
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:IOC I T IS A SHORT TERM SWING TRADE The stock is at great support zone . The stock has formed a bullish pennant pattern. The first targe t is at 80 and final target is at 84 in short term swing trade. This is for educational purpose.
bearish pennant today's closing below 3865 would be really good for bears
Bearish 🐻 pennant pattern structure formed, wait for the trend line support or resistance level breakout after entering the trade
Xauusd looks bearish below 1815 . Sell - 1812 Target - 1800 , 1760 Sl- 1823
Again selling started in AUD/JPY it tested the PENNANT pattern breakout. Now it started moving in down side again. I am an Technical analyst. I have an 5 year experience of analysis. Providing you sweet and simple analysis of Forex pairs. For an paid/ daily analysis you an contact me detail in profile (Free calls for 3 days only) then its Paid with guidance.
#CDSL CMP 1118 If this turns out to be a valid Bearish Pennant, it can take the price little lower and form a Lower Low. This can also form a RSI Bullish Divergence then and help move the price above. The bearish pennant seems even more valid in a weekly Timeframe