IDFC Limited Bullish Peanut FlagIDFC is forming the bullish peanut flag and it's near to breakout, Wait for the breakout confirmation.
Pennant
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
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
#Ramban_SwingTrade: Cipla -PennantBuy only above 697 as from this level, last time selling was initiated.
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 TFAS per July 17 th chart Crude Oil is perfectly forming pennant pattern
Nifty TradeNifty 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
# 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.
[Inside Bar] HCL PennantDouble 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
Voltas Flag 🚩 and start of 5th waveMust sustain above 550 on 15 min to confirm breakout. Conservative can watch 557 close on 15 min chart to confirm breakout. Positional SL 535. All other details in chart.
ACC : Is it a Downward Pennant or a breakout to new upward trendhey everyone
- stock is making a pennant formation on daily chart
- RSI is above 50 so stock is in bullish mode
- Trading Volume is high
Plan A:
- if the daily candle closes above the trend line and crosses 1320 Fibonacci Level, buying triggers for 1430 levels.
Plan B:
- if the daily candle closes below the trendline below goes below 1230 then we can expect retracement upto 1135
This is for educational purpose only, comments are welcome.
