Pennant
GICRE - Expecting minimum 50% returns General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NLC India - Flag pattern, Bullish formationNLC India is in a flag pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
Ajantapharma - Will it reach All Time High?Ajantapharma is forming a pennant pattern after a decent upmove
Stock is in consolidation phase
Expect the stock to reach ATH if the pennant is broken on the upside
Target - 2113
Stoploss - As per your risk appetite
If you like the idea, show your support by giving a like.
Please stay safe. Happy Trading!
Regards,
Segan
ANÁLISIS DEL S&P 500 EN LONGANÁLISIS DEL &P 500 CON GEOMETRIA DE MERCADO Y FIBONACCI PARA OPERACION EN LONG
GSCLCMP 43.15
Buy at cmp for the targets 45/48 Positional Medium Term
SL as per risk
@nchitteti
Happy Trading
Nazara Tech - Beautiful Symmetrical Triangle SYMMETRICAL TRIANGLE
Clearest Symmetrical Triangle formation you will ever see.
Multiple rebounds from bottom and top trend lines. Trading within the pattern.
Symmetrical Triangle is a Bilateral Pattern, i.e. can go either way.
Therefore, Technical Analysis needs to be supplemented by Fundamentals to assess more likely outcome.