Pennant
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 ).
HDFC BANK - BEARISH BEAR FLAG FORMATION ON 4 HOUR TIME FRAME
USING HARMONICS PRZ ON HOURLY TIME FRAME
SALE LEVEL - 1065
STOP - 1075
T1 - 1056
T2 - 1048
T3 - 1043
T4 - 1036
disclaimer - for only study purpose.
HCL TECH Buy above 720 1. #HCL TECH Daily chart closed near resistance level with high volume breakout,if stock break 720 level and sustain above this we can see up move towards 780.00/800.00 level as per chart pattern with the help of 677.00 support level .
HINDPETRO - BEARISH- WEEKLY CHARTHINDPETRO ON WEEKLY BASIS FORMING FLAG & PATTERN FORMATION
BREAKING THE SUPPORT LINE OF IT - CAN LEAD TO BEARISH ZONE.
disclaimer - for study purpose only.
RelianceBuy above 2132 with the stop loss of 2117. Targets are 2147, 2162 and 2180.
Sell below 2105 with the stop loss of 2120. Targets are 2090, 2070 and 2052.
IDFC Limited Bullish Peanut FlagIDFC is forming the bullish peanut flag and it's near to breakout, Wait for the breakout confirmation.
ChennaiPetro | Short | Target 80 , SL:90#CHENNAIPETRO #TF_1D #Flag #Penant #Wpattern
Q1 Results : posts lesser growth. Chances are it will trade towards the lower trendline which gives us a chance to short with a target of 81-80.
SL : 90
Please note this is my view. Request you to consult your financial advisor before investing.
Cholafin - Short TermCholafin given breakout with good volume also made pennant. Targets on chart...
IndiaBulls:Pennant Formation- Possible BreakoutIndiabulls is gearing itself for a major breakout.
Price is in consolidation zone after a major uptrend & volume consolidated after a decline.
It has formed a Pennant structure & uptrend will continue once it breakout of the upper trend line.
Major resistance at 235-238 levels.
Entry would be above 238 once it breaks the resistance and upper trendline with heavy volume.
Target: 280
SL: 210
