NSE:MRF just given breakout on chart and now stock looking for level 80K in next few days there is support on level 75,200. for more detail check in chart with notes too.
This is going to be an intraday setup based on the pennant formation. Will go long at 616-619 zone for a target of 628. Entry - 616-619 zone SL - below 612 T1 - 623 T2 - 628 For study purpose Thanks.
formation of triangle pattern since it is a short term pattern it may be a pennant . . may expect some good breakout
The stock is in consolidation phase in the form of a pennant after a bull run. Expecting to go long at 910 zone for a target of 940. Entry - 910 zone SL - 895 T1 - 920 T2 - 930 T3 - 940 For study purpose Thanks.
The stock has nicely formed the Pennant Pattern and gave breakout with higher volume. A little more volume would have made it more reliable however this pattern has a Flat base before forming the pattern. Statistically Flag/Pennant pattern after flat base performs better. One can buy the stock for a target of 2280 - 2300 by providing the suitable SL. Disclaimer :...
Details Mentioned In Chart. Targets will be updated later. Positional View for 2 Months. Please Consult Your Financial Advisor Before Taking Any Decision. I am not SEBI Registered Financial Advisor.
Puva Weekly flag breakout. All details in chart
TVC:IXIC INDEX:NASX disclaimer... not an investing/trading recommendation
DISCLAIMER...this is not an investing/trading recommendation
NSE:NIFTY 9722 is The Most Important level For the health of the bull-Pivot+Kumo cloud support+ML of PF// vs// Bearish momentum of the Deepbearcrab Disclaimer... this is not an investing/trading recommendation
The stock has formed a pennant pattern with high volume data. We could either look to short below 339 or sell on rise @ 345 zone. Expecting a breakdown move of 15 - 20 points on the downside. Entry - Below 339 or sell on rise @ 345 based on further price action. SL - 350 T1 - 330 T2 - 325 T3 - 320 Purely for study purpose Thanks.
The stock is clearly in strong uptrend. Recently it has formed a perfect Pennant pattern and gave breakout yesterday with good volume by closing above the pattern high. The pattern looks promising moreover this small pattern gives fast result. One can enter the long now or on small pull back for a target of around 900. Disclaimer : All stock recommendations and...
As to my earlier view, we saw same pattern in Nifty. Similar to that is taking place in HDFC Bank as of now. HDFC Bank prices have corrected about 200 points from recent high's. Prices had taken support of ascending trend line around 1840. Since then prices are moving in range bound between 1936 - 1912. By drawing a trend line we can see that prices are forming...
Nifty prices have corrected about 900 points from recent high's. Prices had taken support of ascending trend line around 10276. Since then prices are moving in range bound between 10300 - 10640. By drawing a trend line we can see that prices are forming an Inverted Pennant Pattern yet the breakout is still awaited. Breakout on lower side could take prices to...
#Maruti cash Buy above 9060 SL 9020 Tgt 9088-9100/9140/9200 Cmp 9030
Bank Nifty Spot is creating flag & pennant Pattern in Hourly Chart. Watch out for breakout.
SREIInfrastructure has bearish formation here with resistance from the ICHIMOKU cloud on top as well as a fall below the EMA(200). MACD signal is also bearish. An overall bearish movement with lower high's and lower low's.