Bullish Pennant on Daily Chart - HAPPSTMNDS#HAPPSTMNDS
Bullish Pennant on Daily Chart.
Target 710/730
SL 510/512
EDUCATIONAL PURPOSE ONLY.
Pennant
PETRONET , 1 D ASCENDING TRIANGLEPETRONET DAILY CHART , forming Ascending Triangle Chart Pattern.
Price currently taking support at 200 simple moving average.
Price should sustain above 253 for upside move
CMP looks at buying level, for more upside it must cross the resistance zone & Trendline resistance INTERSECTION.
All levels are marked on the chart.
PS: All analysis are for educational purpose only.
Alembic LTD giving HUGE Pennant Break out!!!Pennant was in formation since June-July and Today, finally, it has given the much-needed breakout with good volumes after consolidation in a range for the last two months almost! Although, Personally I would wait for the restest.
Levels are mentioned in the chart.
[Positional] Happiest Mind - Buy IdeaIt appears that Happiest mind is making a bullish pennant which is a continuation pattern. Breaking the pennant can take it towards its first target of 600.
So buy if it breaks 560 with SL of higher low that is 532. It will be a better idea to buy on retest.
Pennant breakout DeltaCorpAs seen in my earlier post DeltaCorp forming pennant. Breakout given. Target mentioned in chart.
Banknifty consolidation in Triangle breakout awaitedDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Banknifty consolidation since many days and looks fitting triangle pattern or flag with pennant.
Stop loss 34893
Wait for confirmation close above 36464 for given targets
If wave 3 extends beyond 1.618 levels then 50k is no big deal.
Bullish Pennant in BANK NIFTY ( 15/03 - 19/03)Pennant Formations are basically the trend continuation pattern, the highest probability of this pattern is towards long.
Also, observe the resistance levels ( 36460 - 36610) posted last week. NSE:BANKNIFTY
Preparing For BreakoutIdeally one should buy on breakout level of ₹440 for target 480/500 -but i would like to buy at Cmp with stop loss at 400 because on a longer time frame the stock is making heigher high ,well supported with the trend line, here my RISK/REWARD will be of 1:3 -pls do comment, like and Share, if you really like my Analysis :)
Pennant break-(Down/Out) Be watchful, may give a break on any of the side in the upcoming Trading session
(Down side 1st Target- 215,Upside 1st Target-270)
BPCL, 1D. PENNANT CHART PATTERN, waiting for a BREAKOUTBPCL, 1D, Running in the horizontal Parallel Channel.
Above all the Moving Averages.
19th feb, daily candle took support on the trendline.
Wait for a Proper Breakout Above 446.50.
All targets are marked on the chart.
PS: All analyses are for educational purposes only.
JB Chemical and Pharma Monthly flagDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Stop loss for long term target is 883
IFCI - Bullish flag right after Descending trendline breakoutHi Risky Investors,
IFCI had given a nice breakout from descending trendline. Now it is making a very tight pennant in daily time frame. Above 9.6, we can see a nice uptrend
I hope you will benefit from this knowledge
-MetaVish
BPCL READY TO BLAST "WEEEKLY BREAKOUT"BUY ABOVE 436.50
AS IT'S WEEKLY BREAKOUT LEVEL PLUS 61.8 finoacci retracement level
NEXT TARGET IS 485/510
SL 425
DEEPAKFERT = Bullish Flag breakout candidateHi Investors,
DEEPAKFERT is making a nice Bullish flag pattern with tight Pennant price structure. Target is 2017-2018 Resistance zone. Stop loss is in a higher side hence better to invest only 2-3% only.
I hope you will benefit from this knowledge
-MetaVish
INDUSIND BANK for the dayfor intra players.....
expecting a good movements in banks..
so intra players keep an eye on it......
HERITGFOOD - Symetrical triangle breakout in weekly time frameHi Investors,
HERITGFOOD is breaking out of Symetrical triangle. Near 410 level there is multiyear STR Zone could be a good point to book partial profit. Above 435, new uptrend possible
I hope you will benefit from this knowledge
-MetaVish
Bullish Pennant pattern formationBTC forming pennant patttern if it gives bullish breakout then Target could be $55000
