Pennant
TATA CONSUMER Bear Pennant PatternCan you see the Chart is speaking very clear?!
- 38.2% Fib retracement done from the Tops, and the Pennant was Counter trend in nature with a 3 Wave Advance
- On 10th November, we got confirmation to Short, Price also closed below 5 Day EMA and it has turned down sloping now
- Also notice how Price cannot sustain above Anchored VWAP from the Tops
- Price is heading back to 440- 420 on the downside
- Bearish view negates above 520
- Enjoy the Downride and avoid Longs since it was just a Pullback within a Bear trend
AUROPHARMA Getting ready for bull moveAuropharma is getting ready for another bull run.....
Sellers are unable to bring the Price down and buyers are showing that they are buying at every price and will not allow sellers to bring this down.
Closing above 800 will open the Targets for 900+ and then 1000
Trade can be taken with 750 as stop loss because below this Buyers will surrender and may will try to cover there losses.
Pennant pattern in MindTree Pennant pattern in Mind Tree . Wait for good breakout candle to take trade ( Breakout candle should be long body and preferably take trade after retrace in lower time frame)
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
MAJESCOLook For Buy (Positional)
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DRREDDY | Straight Flag Pattern Formation | Don't miss it straight FLAG PATTERN it can break either way so be cautious before taking the trade and don't be caught yourself in fake breakout
DON'T forget to check out my previous idea on Drreddy , it worked really well on 4 hrs time frame
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JUBILANT FOODWORKS(Swing / Positional Trade) | RR 1:2+ | Type:- Triangle Pre Breakout
Reasons To Trade🤔 :- Above 200 DMA, Stock In Uptrend, Forming Triangle Pattern, Last Candle- Bullish Pinbar (Hammer).
Entry :- 2300 - 2325
Stop Loss :- 2238
Target :- 2500 (It Can Give More) Depends On Market Condation.
(Risk Must Be Managed.)
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Pennant pattern in SRTRANSFINPennant pattern in SRTRANSFIN. wait for breakout and take trade accordingly based on confirmation or retrace
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
DR REDDYS LABS(Intraday / Swing Trade) | RR 1:2.8+ | Type:- Breakout
Reasons To Trade🤔 :- In Uptrend, Making Higher High's, Above 200DMA, Forming Continuation Pattern, Overall Sector is Bullish.
Entry :- 5200
Stop Loss :- 5100
Target :- 5480
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LUPINNSE:LUPIN | (Intraday/Swing Trade)
Entry:- After Breakout (Either Side It Breaks)
Stop Loss :- Previous Support/Resistance or (According To You)
Target:- (40 Points) From Side It Breaks.
(Risk Must Be Managed.)
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Cholamandalam InvestmentCHOLAFIN For :- (Intraday & Swing)
Look For BuY (After Pennant Breakout)
Why 🤔 :- Closed Above 200DMA & 20DMA, Inverted Head & Shoulders Pattern, Fib Retracement (Target's), Above Short Term Support.
Buy Zone :- 240 or Above
SL :- 226-227
Target's 👇
1st = 245.80
2nd = 249.85
3rd = 256.45
4th = 267.10 (If Holding)
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