Bearish PennantA pennant is a continuation chart pattern.
This is lupin ltd hourly chart forming a bearish pennant.
So if breaks down side may give a good downside move. NSE:LUPIN
Pennant
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)
Keep Your Eyes On Index
(Risk Must Be Managed.)
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--Any Suggestions--
Pennant pattern in INDIACEMPennant pattern formation in INDIACEM. Look for breakout and take trade accordingly
Disclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
SELL BANDHAN BANKBearish Pennant Pattern spotted in Bandhan Bank
SELL @ CMP
SL-274
TARGET-230
Rest all is on the charts
Opportunity to BUY TCS 🤑💰💰💰🤑you have the opportunity to buy TCS now!
the stock has today hitten lows.......
But bullish uptrend is upcoming🤑💰💰💰🤑
buy the stock at the current price before it hits highs🤑💰💰💰🤑
Uptrend will come because.......................
The company got order from phoenix group!!!!!!!!!!🤑💰💰💰🤑
bullish flag pattern🤑💰💰💰🤑
buy before it hits highs🤑💰💰💰🤑
tgt:2800.00🤑💰💰💰🤑
GPIL:-LONG TRADEGodawari Power held the Fibonacci Ratio Support zone-- 287.50-275 and shaped up in beautiful Pennant Continuation Pattern.
Decreasing volume pattern seen during Pull Back.
If support breaks then consider my setup bust.
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
WiproLook For Buy (Positional)
Keep Your Eyes On Index
(Risk Must Be Managed.)
Give Me A Thumbs Up...👍
--Any Suggestions--
Pennant pattern in BAJAJFINSVDisclaimer: All charts are purely for educational and information purpose only. Invest or Trade at your own risk.
WIPRO ------ Analysis1.Wait for perfect breakout
2.Formed triangle pattern
3. check comment box regularly
#tradethetip
XAUUSD, analysis for last 2 days of the Ist wk of septemberXAUUSD is formed bullish pennant shape and along with that i marked the area of supply and demand, this analysis giving idea of bullish movement in the next 2 days of the week.. let see...
XAUUSD , Weekly analysis Aug 31- Sep 4XAUUSD formed a bullish pennant pattern, this week expecting a break out on the upper channel, We are at the verge of new month, it could go higher all the way upto 250 pts, else if it breaks below it could go upto 1800 area this week,
but weakened dollar supports the gold uppish trend for me , based on price action analysis
Pennant in Adani EnterprisePennant...!
With Classic reducing volume
Buy with Close above 300
Target 360
SL 275
RBL BANK - FLAG FORMATION - BUY ABV FLAG RESISTANCE LEVEL.flag formation with perfect support taken twice at 38.2 retracement level .
indicating another strong move once candle closes abv resistance line of flag.
TF - 4H
disclaimer - study purpose only
monster call KOTAKBANK ----- Daily Analysis go long
triangle pattern
long term call
expected profit = 83,200 per lot
HINDZINCHIND ZINC holding the support zone, Downside move not supported by volume.
Trend seems to remain bullish .
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
PEL form PENNANT patternExpecting breakout for go Long .
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.
Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.
Buy Hindzinc With Metal Sector on the bullish side, hindzinc is in trending with good relative volume.
Narrow range -7 candle was observed on 18th Aug almost completing a pennant chart pattern.
Could resume the upward trend after bouncing from 0.5 -0.618 Fibonacci levels with moving average providing support.
Bearish patterns on MCDOWELL-NUnited spirits showing bearish projection for upcoming days. current patterns are shown on chart, safe entry for sell will be below breakdown of base line ( i expect around 575 ).
