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.
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 ON WEEKLY BASIS FORMING FLAG & PATTERN FORMATION BREAKING THE SUPPORT LINE OF IT - CAN LEAD TO BEARISH ZONE. disclaimer - for study purpose only.
disclaimer - for study purpose
IDFC is forming the bullish peanut flag and it's near to breakout, Wait for the breakout confirmation.
#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.
Powergrid looks bullish... Targets on chart...
Cholafin given breakout with good volume also made pennant. Targets on chart...
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...
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
Buy only above 697 as from this level, last time selling was initiated.
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.
AS per July 17 th chart Crude Oil is perfectly forming pennant pattern
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
AXIS BANK trading in a Pennant Pattern. Long @ 430-432
Breakout upward side from the triangle formation is likely to happen .