Products
Community
Markets
News
Brokers
More

Community
Ideas
Chart Patterns
Pennant

Pennant

PEL form PENNANT pattern Expecting 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.

Updated

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.

Long

by nishantsinghsiddhu

Bearish patterns on MCDOWELL-N United 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 ).

Short

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.

Short

by sankhyainvestments

Updated

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 .

Long

HINDPETRO - BEARISH- WEEKLY CHART HINDPETRO ON WEEKLY BASIS FORMING FLAG & PATTERN FORMATION BREAKING THE SUPPORT LINE OF IT - CAN LEAD TO BEARISH ZONE. disclaimer - for study purpose only.

Short

by sankhyainvestments

HDFC BANK - BEAR FLAG FORMATION disclaimer - for study purpose

by sankhyainvestments

Updated

Reliance Buy 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.

Updated

IDFC Limited Bullish Peanut Flag IDFC is forming the bullish peanut flag and it's near to breakout, Wait for the breakout confirmation.

ILong

Updated

Lupin Pennat levels on chart

Long

by Ramban_Stocks

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.

Short

by itradeforwealth

Powergrid - Short Term Powergrid looks bullish... Targets on chart...

Long

Updated

Cholafin - Short Term Cholafin given breakout with good volume also made pennant. Targets on chart...

Long

Updated

IndiaBulls:Pennant Formation- Possible Breakout Indiabulls 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

ILong

by finalyticsbreweries

GODREJ PROP. trading its Near above 200 day SMA. If price goes above 905 the trade will active and stop loss should be the 15 minutes swing low . Later i will update the chart . Then the first target is 921 and the second target is 1017 positional in this case we should be mark the stop loss daily candle basis.. I think godrej properties breakout tomorrow

Long

Updated

#Ramban_SwingTrade: Cipla -Pennant Buy only above 697 as from this level, last time selling was initiated.

Long

by Ramban_Stocks

Pennant pattern in Justdial Pennant pattern - If it breaks resistance go for long else if it breaks support line of pattern go for short . Risk Ration 1:2 Always take entry based on confirmation candles from lower time frame Disclaimer: Analysis in charts are only for educational and information purpose only. Invest or Trade at your own risk management.

Crude Oil pennant pattern 1 hour TF AS per July 17 th chart Crude Oil is perfectly forming pennant pattern

by ponraj_srinivasan

Updated

Nifty Trade Nifty formed a Pole and Flag Now interesting to see will it break fal to downside if yes then TGT will be 10550. Share your views

Short

by systrader4000

Updated

AXIS BANK trading in Pennant Pattern AXIS BANK trading in a Pennant Pattern. Long @ 430-432

Long

by ChartMastr69

Updated

SIEMENS - PENNANT FORMATION Breakout upward side from the triangle formation is likely to happen .

Long

# 17 Long Indian Hotel for a Target of 95 and 110.NSE:INDHOTEL Reason Being: 1. Formation of Bullish Pennant and It is a Continous Pattern means Prior trend resumes after Breakout. 2. The stock has support in the zone of 78 - 80. Every Price Action Pattern after breakout provides some Target Range and according to Triangle: Entry Price: Above 81 Target Price: 95 and then 110 View Negated Below: 78 in Closing Basis. #Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.

Long

[Inside Bar] HCL Pennant Double Inside Bar A typical compression pattern forming in HCL. Buy above Previous Day High (PDH) 560.8 and sell below Previous Day Low (PDL) 553.25

11 22 33 44 55 66 77 88 99 1010 1111 1212 1313 1414 1515 1616 1717 1818 1919 2020 2121 2222 2323 2424 2525 2626 2727 2828 2929 3030 3131 3232 3333 3434 3535

Love in every #TradingView

90M+

Traders and investors use our platform.

#1

Top website in the world when it comes to all things investing.

1.5M+

Mobile reviews with 4.9 average rating. No other fintech apps are more loved.

10M+

Custom scripts and ideas shared by our users.

TradingView Chart on Instagram @bitcoin_tradingexpert

@bitcoin_tradingexpert

TradingView Chart on Instagram @tradingjunkies.shop

@tradingjunkies.shop

TradingView Chart on Instagram @fx_youngboy

@fx_youngboy

TradingView Chart on Instagram @enginerdebil

@enginerdebil

TradingView Chart on Instagram @aktierkillen

@aktierkillen

TradingView Chart on Instagram @ftmocomx

@ftmocomx

TradingView Chart on Instagram @the_sniper_trader

@the_sniper_trader

TradingView Chart on Instagram @swiss_trading_school

@swiss_trading_school

TradingView Chart on Instagram @tradinglifestylestore

@tradinglifestylestore

TradingView Chart on Instagram @codymagoo

@codymagoo

TradingView Chart on Instagram @CaganT

@CaganT

TradingView Chart on Instagram @Cenobar

@Cenobar

TradingView Chart on Instagram @investroy

@investroy

TradingView Chart on Instagram @trade_simple_fx

@trade_simple_fx

TradingView Chart on Instagram @R41D4S

@R41D4S

TradingView Chart on Instagram @TradingView

@TradingView

TradingView Chart on Instagram @arcanebear

@arcanebear

TradingView Chart on Instagram @mytradingsetup

@mytradingsetup

Whatever the trade

Here's why Here's why

Products

Supercharts
Pine Script™
Stock Screener
ETF Screener
Bond Screener
Crypto Coins Screener
Crypto Pairs Screener
DEX Pairs Screener
Stock Heatmap
ETF Heatmap
Crypto Heatmap
Economic Calendar
Earnings Calendar
Sparks
News
TradingView Desktop
Mobile app
CME Group futures
Eurex futures
US stocks bundle

Company

About
Features
Pricing
Social network
Wall of Love
Athletes
Manifesto
Careers
Blog
Security vulnerability
Status page
Terms of use
Disclaimer
Privacy policy
Cookies policy
Media kit
Accessibility statement
Tarot cards for traders
TradingView merch store

Community

Refer a friend
Ideas
Scripts
House rules
Moderators
Pine Script™ Wizards
Chat

For business

Widgets
Advertising
Charting libraries
Lightweight Charts™
Advanced Charts
Trading Platform
Brokerage integration
Partner program
Education program

Select market data provided by ICE Data Services Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc. © 2025 TradingView, Inc. US phone number 833 247 1523