Adani Energy has been under recovery mode after sharp fall. The stock has shown the flag / pennant breakout on daily and weekly charts. Buy this stock @ 1140 with SL @ 1000 and TGT @ 1450
Pole and flag. I have an analysis which says 28000+ but the number doesnt make me feel digestsble.
Hfcl form bullish pennant chart pattern weekly timeframe. If it’s give breakout of their resistance line then it’s ready for 88-101-120.
#Sbicard cash -Positional for 12 months 20.Feb 2024 Accumulate 50% above 750 Close Accumulate 50% above 790 Close Target 930-1040 Cmp 740
KEEP GMR infra in your watchlist forming a Penant buy once it close above 44 on daily basis keep stop loss 34 on DCB (Daily close basis) Tgt by Mar'25 can be in range of 70-75 happy learning happy investing
Hi-Tech Pipes Ltd Small cap share ,so very risky one ............ DIIS increased their shareholding in Jan 2024, can see the data in the link given... forming Bull Pennant Pattern....... Wait for the breakout and trade ,trade as per your risk apatite.........
A pennant pattern is a technical analysis chart pattern that forms after a substantial price movement in either direction. It represents a temporary pause or consolidation in the market before the price continues its previous trend.
Bullish Pennant Pattern is progressing in RELIANCE. It is a continuation patterns where a period of consolidation is followed by a breakout.
blil after ex date of sept 20 will fall 40-80 rupees price may come to 370-400 that is best to accumulate if you want dividend can take or just exit now and take later at lower price you can consider bpcl also along with blil as a pair swap , if you take bpcl dividend will be 58 rupees and bpcl might fall to 400 also then we can swap to blil resulting in higher...
SBIN forming Bullish Pennant pattern. This might be good for swing trading. Points to Considered: 1. Pattern formation 2. Volume analysis 3. Any Conformation for Entry 4. RSI
Many times it is not easy to spot the pattern in candle stick. So comes handy to view charts in line format. Also to have a satellite it is better to also keep track of monthly chart. We can see there is clear triangle breakout in this line chart. One can even consider it as a Pennant at this scale.
As Mentioned in the comments section of the last post. 2055 has been capitalised by Bears. So it is still Too Early to Write off the Bears. Even FOMC, like most of the times has failed to give directions. NFP could finally provide clearer Directions hopefully. Until then, Expecting a Rangebound Movement Between 2053 zone & 2021 zone.
IREDA forming Bullish Pennant pattern. This might be good for swing trading. Points to Considered: 1. Pattern formation 2. Volume analysis 3. Any Conformation for Entry 4. RSI NOTE: IF IT CLOSE BELOW 20-EMA & RE-TEST IT, DO NOT ENTER FOR LONG.
Multiyear breakout stock. Ready for new All Time High after small retracement. High probability excellent Risk to Reward trade.
#Aarti ind cash -Positional call 19.01.2024 looks good around 656-664 Stoplosss 625 Tgt 708/740/790 Cmp 678.90
Havells ka wire hai we have heard this phrase alot of times Long above 1470 levels for a medium term can give good dividends - as will break above the zone of resistance on the charts
#TRACXN may be a new #Multibagger -CMP 118.4 -BOX pattern #breakout+ bullish pennant in DTF -Monthly AscendingCPR -Huge volume buildup near breakout zone Suppt -106 #BREAKOUTSTOCKS #banknifty #nifty #Wipro
#Syngene Int Cash -Positional call 11.01.2024 Looks good above 750.10 and dips 732-735 Stoploss at 710 Tgt 770/800/840 Cmp 742.50