INFY looking good for long term ....gave bullish pennant breakout and can give 10% move in coming days
Traingle pattern in HDFC AMC Ltd. Wait for breakout to take long position..
TECHM formed a pennant on a 15-minute chart after a large movement in the price.
Disclaimer-: 1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED. 2. Do ask your questions in the comments if any. Volume Profile-: Using Volume Profile one can identify probable accumulation or...
Looks good to enter above 113.65 for target of 134.5 Pennants are continuation patterns where a period of consolidation is followed by a breakout
Pennant chart pattern breakout with volume , looks good in long term with stop loss of 516. 1st target 575 2nd Target 595 3rd target 620+ Its my personal observation do investment after consulting your financial advisor. Please like & comment to motivate. Happy investing :)
TEJASNET daily: Looks good for more upside at CMP 1) Pennant Pattern BO 2) Optical and data networking products company A pennant is a type of continuation pattern formed when there is a large movement in a security, followed by a consolidation period followed by a breakout movement in the same direction as the initial large movement. The initial move is met...
Steel Authority of India Limited - Pennant pattern breakout + Hidden Bullish Divergence Stoploss below the upper trendline Target 1 @ 152, which is a key level Target 2 @ 170, which is a key level Target 3 @ 190, which is the price projection Target 4 @ 205 which is a key level Note: It has made a breakout last day and the price came back to the...
HDFC BANK had given a breakout from its pennant pattern and retested it. It may show a downfall of at least 7 RUPEES:)
Mahindra and Mahindra is clearly forming a pennant pattern after a downtrend move. Stock is in downtrend since FEB 10 , 2021 . Although there is high chance of breakdown from this pattern due to down trend but we may also look for breakout. Enter only after a clear breakout/breakdown for more edge. This analysis was done by me only for educational purpose , feel...
SAIL : As you all can see that SAIL is forming pennant pattern from around 07 may 2021 , it took around 70 days to make this pattern. Now pattern is almost about to give a breakout / breakdown. If it gives breakout , it will also break the 50 simple moving average (green line in the chart ) , Which is a strong bullish sign. Pole height is around 60% this implies...
DeltaCorp Pennant breakout. Target - 210, if breakout sustains but needs to clear resistance at 200 first. Could retest first and then go higher. Follow for more.
General Insurance is in a Pennant Pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may...
Trident is in Pennant Pattern with consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after...
This analysis is inspired after a well wisher asked me a query on this stock. I see this stock has had a pattern so far of jumping from the 20 SMA in the form of a pennant pattern while riding the Rising Parallel Channel. This time around the 20SMA support is formed near the midline of the channel which is why I suspect the channel resistance can be...
Ajanta Pharma 'Pennant Pattern' breakout Lookout for the resistance at Rs. 2050
Disclaimer-: 1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED. 2. Do ask your questions in the comments if any. Volume Profile-: Using Volume Profile one can identify probable accumulation or...
Page Industries Limited pennant pattern breakout Volume spurt at breakout Successfully retested