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Pennant

VTC bullish pennant formationA tiny bullish pennant formation is seen in the daily chart . It has consolidated for long within this formation. MACD and RSI are looking good. I'd go long just when it appears to break out. Target 1 - If it breaks out of the pennant there is a probability of it testing the fib0.618 resistance Target 2 - if it manages to surpass the above then i am sure it'll hit the previous ATH -0.10% and may go beyond. Therefore, look out for the breakout at $4.4 to go long and provide your feedback. Thank you!
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by rony.kris
VTC in a bullish pennantA tiny bullish pennant formation is seen in the daily chart. It has consolidated for long within this formation. MACD and RSI are looking good. I'd go long just when it appears to break out. Target 1 - If it breaks out of the pennant it'd test the fib0.786 resistance Target 2 - if it manages to surpass that then i am sure it'll hit the previous ATH and may go beyond. Therefore, look out for the breakout at $4.4 to go long and provide your feedback. Thank you!
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by rony.kris
BHARAT FORGE: Is waiting for RESULT to BreakOUT - Result SERIESBHARAT FORGE Prepare for Breakout. Projection of some HARMONIC Pattern . All Plotted in Chart. Trade setup on Query / in Market hour when opportunity comes . For FnO strategy: On QUERY . If enriched your knowledge and would help you in trading, Please don't forget to Hit / Click Like button. Your likes are the only motivation to post better ideas in future. Disclaimer: Only For STUDY. For Taking Trade Decision Consult Financial Advisor.
NSE:BHARATFORGLong
by DSKF16
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