LTLT Cmp 1790
A pennant formed...
Breakout and re-tested and moving up ...
Trend is also green ...
SL for any long would be 1760
Tgt would be 1950+
Vedang :D
Chart is for study purpose only!!!
Pennant
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
Checkout my other ideas to understand how one can earn from stock markets with simple trade setups. Feel Free to comment below this or connect with me for any query or suggestion regarding this stock or Price Action Analysis.
Dmart: Bullish pennant formation on Daily time frameDmart is looking strong enough after so much time, its also formed Bullish Pennant formation on daily time
INFY BULLISH PENNANTINFY formed a Bullish pennant . More confirmation depend on nifty IT price movement . Showing a good opportunity trade.
Bank Nifty Cmp 35527 dated 24.3.2022
Bank Nifty Cmp 35527 dated 24.3.2022
Intrday Levels
Buy above 35625
Sell Below 35400
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action, The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
BANK NIFTY 35610 dated 16.3.2022 11.20 am Live ChartBANK NIFTY 35610 dated 16.3.2022 11.20 am Live Chart
BUY above 35650
SELL below 35500
Disclaimer :
I am not a Sebi registered Analyst so please do your own Analysis before taking any action,
The above view is shared just for educational purpose.
By no means shall be responsible for any losses amounting out of it incase if any trades on it.
It is just a view, pls trade at your own risk.
Dwarikesh sugar share name : dwarikesh sugar
reason of buy :
- Share is consolidation on their resistance area
of 2017 price is 80 which is a good sign
- Now, It is forming a pennant and we can see a
clear breakout on charts
- In upcoming days we can see targets of 120
with stop loss 60
Thanks
Adani Ports - Price ActionNeed to cautiously wait and watch for further price action. Any break down and break out from the pattern will lead to one way trend. It had already given fake break out and break down as shown in the chart. Patiently waiting is the key to trade in this stock.
Kotak BankKotakBank is forming a pennant pattern and it is about to give breakout. Traders add it to the watchlist.
Intraday Adaniports - 15m Adaniports is currently forming a Bullish flag pattern similar to Nifty in 15m Timeframe can look for buying opportunity after a breakout and 747 level can act as a good resistance zone & on the contrary if there is a breakdown look for selling opportunity.
Nifty = 15m Nifty is currently forming a Bullish pennant or flag pattern in 15m timeframe, look for Entry opportunity only after a breakout or breakdown of the trendline. #TWE
Nifty - Flag patternNifty after a strong rally is consolidating and forming a flag pattern and also currently trading at 61.8 Fibonacci (Golden Ratio) Area.
AUDJPY symmetrical triangle pattern AUDJPY Showing Symmetrical triangle in the 1-day timeframe, high possibility of a breakout.
so bears are ready to shortto be honest , market is no longer in bullish sentiment so it is good to take small put position on last stand sector.. "THE GREAT IT-SECTOR",immediate targets are 1667,1650, and if bears are really hungry then 1585 is not so far, because no big houses will buy infy in 1600-1800 range and retailers and some small operators cant hold this BEAST on this levels..
lets see, what happens to this guy
BSEBSE is making pennant formation on weekly chart. though it has given good run up in past few months. however with time correction it still seems to have some steam to take it further in next few months.
NSE:SBIN LevelsNSE:SBIN
#SBIN All levels marked on chart,
Got rejection from resistance and trading @ Support now.
SRFplease refer to the chart.
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Stay safe.
ACE Ready for BreakoutLevels are explained in charts with Entry, Target & Stop Loss.
Disclaimer: This study is for educational purpose only & is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
ABB India Cmp 2335 dated 5-2-2022ABB India Cmp 2335 dated 5-2-2022
1. Consolidating In a Parallel Channel
2. Pennant Pattern.
Buy above 2370 Tgt 2450-2600 SL 2270
Sell Below 2270 Tgt of 2225-2175-2100 SL 2335
It is just a view, pls trade at your own risk.
Bearish Pennat TradeThis is best example of bearish pennat trade.
if you want to learn chart pattern please comment.
TataCoffee|Breakout Candidate 8 Month Consolidation|40% PossibleNSE:TATACOFFEE
8 Month Consolidation in Triangle Pattern after Multi-Year Breakout in June 2021
Support Retested twice on long term trend line
During Consolidation Price Increase but RSI Decrease >> Sign of decreasing Volatility and Accumulation
Monthly & Weekly RSI > 55 and increasing
Positional Buy Above 250 (Fibonacci Resistance)
Target : 294 - 321 - 368
SL : 180
Golden Cross Over
