MATIC 1-hr. Chart Analysis As per hourly chart movents of MATIC forming pattern of Bearish Pennant, within 12-24 hrs. it will be goees more bearish upto 64-62 cents minimum or maximum upto 60 cents. Always #DYOR & Trade wisely by using #StopLoss MUST LIKE & SHARE it...
BITCOIN 1-hr. Chart Analysis As per yesterday Downtrend of CRYPTOCAP:BTC , it was moving at present into Bearish Pennant Pattern, that's the indications of pattern breakout within 12-18 hrs. and market goes into bearish zone, and it will reach around $30k first and then upto next 24 hrs it will be goes bearish towards $29.5k with complete #Altcoins market goes...
BITCOIN 15 min. Chart Analysis As per scenario, BTC movement of Yesterday & Today running under Pennant Pattern into 15 minute chart which is max. valid for 24-72 hrs. at previous Pennant it moves perfectly and as per second Pennant , if it will be moves accurate than, major chances it will reverse from $31.85k around and starts their Downtrend cycle very fast in...
Bank of Baroda Pennant pattern formation on daily TF. RSI has already broken the trendline, lets wait for price to breakout of the pattern. SL will be 167 and target 1:2 RR.
Company has reduced debt. Company is almost debt free. Company is expected to give good quarter. Company has delivered good profit growth of 20.7% CAGR over last 5 years Company has been maintaining a healthy dividend payout of 83.5% Debtor days have improved from 158 to 118 days. Company's working capital requirements have reduced from 153 days to 80.5...
SPTL: - This stock is Can give an Upside move for Short Term #Pennystock 1) Now it can be Supported for Reversal
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...
NSE:ICIL has completed the pennant breakout and giving the second chance to go long at retest. We have to keep stop loss at the low of the breakout candle and target will be the previous move before the pennant.
Market Cap 1,220 Cr. Free Float Mkt Cap 469 Cr. Promoter holding 61.6 % Dividend Yield 0.75 % Intrinsic Value 512 Stock P/E 14.3 Industry PE 16.8 ROCE 16 % ROCE 3yr avg 13 % ROE 17 % ROE 5Yr 11 % Debt to equity 1.04
Before heading towards a trade idea, let me clear you about the pennant chart pattern. ->This pattern is majorly divided into two components 'pole' and 'pennant'. ->This kind of pattern forms when a stock has seen a huge and steep rally which makes a 'pole' component of the pattern. -> After the rally, that particular stock goes into a hibernating period, which...
Stock has formed Bullish Pennant Pattern - breakout above INR 296 can give another INR 50-75 please note this analysis is just for education purpose.
Escorts Kubota Limited, formerly Escorts Limited, is an India-based engineering company. The Company offers solutions for agriculture, infrastructure and railways. The stock is in retracement stage on daily and weekly time frame forming a PENNANT PATTERN. The Pattern has been broken out a shown in the chart. The Fundamentals of Company are strong with a Market Cap...
Sunflag iron stage 1 breakout. Stop loss 136. Only for information. trade at your own risk
AllCargo is really looking good in chart. A pennant is clear. On the breakout of the pennant (~420) it will go further. The fib extn is shown in the chart. SL (closing) we can put at ~390 level. The price took nice support, RSI is rising. Only the volume needs to pickup.
NSE:NESTLEIND is showing a symmetrical triangle (Pennant) pattern. Here for 29th December'2022 expiry, we can device a safer (chilar) strategy :) BUY 21000 Call BUY 19500 Put SELL 20750 Call SELL 19500 Put Margin needed: 65K Profit: 1200 (chilar profit, but much safe) Safe below: 20778 (which is well above resistance and Fib 78.6% level. Also last two days...
share name : MARICO call type : poistional - share is forming a pennant pattern with morning star pattern - a good consolidation can be seen around 1 yr - we can accumulate this share at level 500-480 with sl of 470 - approachable targets 550, 660, 660 Thanks
NSE:KPITTECH is almost completed the pennant pattern (symmetrical triangle) creation. Ready to go up or down based on which direction is breaks. Most likely up. Trade: Buy above 695, SL: 661, 800 (Positional)
NSE:EIDPARRY has a clear, copy-book symmetrical triangle / pennant pattern formation. Trade: Buy above 640, SL: 610, T: 660/680/700