Hege momentum can be expected in this Stock.
Details on Chart. Note: This is for educational purpose only
Triangle Breakout and Retesting done in Daily Chart on 16-07-21. Now bouncing up starting it's move.
The stock was given on the 17th and told to buy above 2800 for the target of 2950. It hit the target today itself! 5.3% gain :) Plz, like the idea if you liked the analysis! I am attaching the idea given on the 17th.
KSCL IS MAKING BULLISH FLAG AND PENNANT PATTERN.
∘ Symmetrical triangle Pattern ∘ Pennant Pattern ∘ No trading zone marked as box
Quess Corp has given a great move recently and is in tight consolidation Expect a quick 10% in the coming days Levels are mentioned in the chart Also found is the flag and pennant pattern If you found it useful, give a like and show your support. Happy Trading! Regards, Segan
RAMCO CEMENTS (RAMCOCEM) forming a Flag & Pennant pattern on 15 min TF. Look for bullish opportunities today (14/07/2021) Chart pattern: Flag & Pennant TF : 15 min View: Bullish
Aditya Birla fashion is forming a descending triangle A consolidation after a decent upmove can be seen Levels are mentioned in the chart If you found the post useful, give a like and show your support. Happy Trading! Regards, Segan
KSCL : CMP 734 trade set up : buy above 735 keeping stop loss as 670 on closing basis targets : 820/1069 technical setup: 1.bullish flag and pole in weekly pattern 2.pennant 3.breakout re-test note : stock has made multi year price breakout at 710 levels . made high 814+, has retested the same price recently . and again on the verge of flag pole /pennant...
Similar to flags, both the bull and bear pennants consist of three main elements: The flagpole - the asset’s price must trade higher in a series of the higher highs and higher lows; Pennant - a consolidation phase takes place between the two converging lines; A breakout - a break of the upper trend line activates the pattern, while a break of the supporting...
TATA STEEL(D): Bullish penant breakout candidate, trading above 20 & 50 day EMA (shot-term)Bullish, RSI indicating price strength, macd is above center, ADX & MFI are very bullish. Chart is self-explanatory. I am not an expert, i am still learning. In the fast few months i have been analyzing/ practising charts in my leisure time, as we know practice makes a man...
COLPAL : CMP 1721 trade set up : 1. buy above 1728 2. stop loss 1660 3. targets : 1795 / 1994+ technical buy based on : 1. bullish flag pole pattern 2. pennant 3. triangle 4. volume increase near breakout price
- Stock is forming a peanut pattern. -Stock break and sustain below 2184 Next level to watch 2280/2380/2480 levels . -Support is near 2070 level on chart.