Titan Looking for a breakout in Pennant chart patternTitan penant breakout possible above 2480. Target will be 80-100 points.
Pennant
Godrej CP on the verge of a Weekly breakoutWeekly chart breakout seen in GodrejCP. Target can be around 1000.
Nifty Pennant on FireNifty has been range bound from quite some days.
Today finally a breakout came....
Currently Nifty seems to be range bound from 16800 - 17200 levels....
Trade Carefully people
Sharing Nifty Chart 15 Min Time frame
Coal India Looking for a breakdown.Penant chart breakdown possible in Coal India target will be around 211.
KOTAKBANK in Bear's Radar ??!!!Chart patterns look impressive and paves way for the above titled opinion
REASONS
1. KOTAKBANK has been trading inside ASCENDING CHANNEL(Bright red and green trendlines) taking support and resistance at perfect levels till now.
2. Currently it is going under the down swing move inside the ascending channel .
3. In daily time frame , it looks like a Bearish Pennant in process yet to break.
4. Target & SL levels as mentioned (dashed yellow horizontal lines)@ chart.
5. It may take support @ Green line( 10year old strong support from 2014 ) (channel support) soon.
6. In addition to the above mentioned points, A GAP remains UNFILLED till now.
7. Gap often gets filled .....there is a chance for that to happen... .let's stick with our targets and trail our SL!!!
8. Better to enter after a day or at least 2 hour Breakdown out of the Yellow trendline .(as shown below)
Let's wait & watch how it moves!!!!
Note- Just Sharing my view....not a tip nor advice!!!!
Nifty bullish pattern This analysis is in 15 minutes timeframe Tomorrow if you see a Bullish breakout you can activate the swing,
then you can activate your swing, after that bring your stop-loss to cost and continue your trade...
target for LTCAs we can clearly see it is forming a bearish pennet pattern so the target is expected upto 66 downside..............
BULLISH PennantHey Traders,
HOPE our analysis is adding value to your Stock market trading Journey.
If yes, Hit like button or boost our ideas. Thank you.
BULLISH Pennant #TadingClass #Technical Trading PatternBullish Pennant:
Its a Technical Trading Pattern which helps to find profitable trades for uptrend movement.
Hey Traders,
HOPE our analysis is adding value to your Stock market trading Journey.
If yes, Hit like button or boost our ideas. Thank you.
Keep Shilpamedicare in radarStock has formed Bullish Pennant Pattern
- breakout above INR 296 can give another INR 50-75
please note this analysis is just for education purpose.
Pennant Pattern In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
Script = Auropharma
Time Frame = 1 Day
DCB BANK ANALYSIS 🐻 Bearish pennant pattern structure formed, most of 90% market going to down. Wait for the trend line support or resistance level breakout after entering the trade
Zentec LTH Bullish BreakoutWeekend Pick 3: Zentec
Only for Risky Bulls!
Fundamentals : Decent, Consistent on Sales, Profits, EPS, Healthy Reserves Vs Low Debt, Into Defence Technology and edge into Drone Manufacturing.
Technicals : Very Bullish, ATH, Triangle pattern breakout with huge Volume, well placed above EMAs.
R1: 300
R2: 330
R3: 360
SL: 220
Adani 800? or 200?Hey Everyone
New adani update
Bearish pennant breakout ✅
Fibonacci retracement ✅
Macd curving✅
Rsi Oversold✅
Volume Down✅
TLDR bears are grabbing Adani buyers from the throat..
USDCAD ANALYSIS Market now forming an bullish pennant pattern structure, it's time to buy opportunity
Target expect at @1.3875
SYNGENE: Ready to Enter the trenchNSE:SYNGENE is showing an interesting pattern.
Not an intraday counter. The interesting point is: it has a channel. The price falls below the channel. But now entering the channel with momentum itching towards 50 (RSI) and volume just picked up the 20 VWMA.
Keep it in WL. The potential price-action path is also shown in purple arrows.
SAREGAMA - POSSIBLE UP MOVENSE:SAREGAMA @ 395 CMP , Awaiting Break out from Triangle pattern top trend line . TGTs and SL are in the Chart
Tringle pattern on Nifty 50 Entry level : Tringle pattern formation can be seen on nifty 50 chart 60 minutes time frame. this week might not have breakout and if does price need closed or sustained above 17850.
Target1:-18000
Target2:-18185
Stop Loss:-17675
BHARATFORG Ready for Upmove ??!!Chart pattern does insist me to go with above titled opinion
REASONS
1. Bharatforg has been trading inside Expanding triangle and currently it is under its upswing move inside the major expanding triangle.
2. In Weekly timeframe, there is a Bullish Pennant formed and Breakout has happened it seems( volume not so good )
3. Target and SL mentioned @ chart
4. SL(less risky) can be Day candle closing out of dark blue Ascending channel .
5. Pink trendline (884 level) seems tough and Day close above that line may confirm the bulls approach !!!
Let's wait and watch how it moves!!!!
Note- Just Sharing my view....not a tip nor advice!!!
Pennant PatternIn technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.
Script = Reliance
Time Frame = 15 min
intradayboth side potential but I am interested in long side
avoid first 15min breakout
wait for 15 min candle closing
targets are marked
if the breakout comes after 10:00 am then the probability of winning will be more.
follow risk management
do your own analysis
do workout
do meditation
start reading books
