Triangle formed last day in bank nifty, you can wait for real break out before taking the shot on CE or PE. Always choose +300 points or -300 Points from the bank nifty current price for the same movement, Use sensibull app to watch the option chain. Follow for more...
Happiest Minds have formed a nice inside bar candle pattern with a trendline support! Also, volumes are dried up which signifies that demand & supply is exhausted. Multiple upper shadows are at 659 level. Thus, the Breakout level is 659. Expect 695 as the first target.
PNB HAS A CURRENT PRICE OF ₹35.05, after showing a flag pattern consolidation. PNB is expected to show a bullish move breaking the flag pattern showing targets of ₹50 - 51 if it crosses levels of ₹37.50 (Time to hit Target < 4 months)
Let's hope it does not Gap up or down and Ruin the Whole Pennant!
Pennants are continuation patterns where a period of consolidation is followed by a breakout used in technical analysis. It's important to look at the volume in a pennant—the period of consolidation should have lower volume and the breakouts should occur on higher volume. Most traders use pennants in conjunction with other forms of technical analysis that act...
Reliance Bullish Pennant on Weekly Chart SL- 1820 Target- 2370/2500/2650/2700 For Educational Purpose Only
clearly see bank nifty give closing in between the gap and it is all set to fill this gap. Plus we see buish penat pattern here. Hope so news may not ruin the mood
We were bullish on BNB coin because it’s had also formed the same pattern as ETH and with a Bull run in crypto market we achieved our target.
Upon breakout Target : 1050 SL : 933 Very good volume reduction during consolidation.
1. AS YOU CAN SEE A PENNANT PATTERN IS FORMING AND VOLUME IS ALSO DECREASING 2. ANY BREAKOUT WITH INCREASING VOLUME CAN GIVE A GOOD MOVE
Buy Above 319 Strict SL - 274 (DCB) Target - 440++++
Tesla has been trading below 200 MA for good period of time & has formed Bearish Pennant price action pattern which indicates a Bearish continuation trend signal. Using Fibonacci we also plotted that, Tesla is not able to break its 50% retracement level which infact is exactly at the price level where 200MA is standing. It’s a double & strong reversal sign. Also...
#HAPPSTMNDS Bullish Pennant on Daily Chart. Target 710/730 SL 510/512 EDUCATIONAL PURPOSE ONLY.
Wait for a Breakout with Volume. Target is 185 based on flag pole.