NSE:PTL is consolidating for past few months, it shall breakout from it in a month or so.
SAIL is forming a pennant pattern in 1 month chart with targets of 162 if it crosses levels of 140 SAIL ( Steel Authority of India ) Targets - Breakpoint of pennant pattern = 133 Target 1 = 140 ( crosses on 7th may, 2021) Target 2 = 150 Target 3 = 162 ( If it crosses levels of 140 ) Time Frame of Chart = 1 Month Time to cross Targets < 20 Days
Deepak Nitrate is fundamentally a very strong company. Piotroski Score - 9 Deepak Nitrate is showing a pennant pattern in 5 day Chart. Targets of Deepak Nitrate - Target 1 - 1923 Target 2 - 1966 Target 3 - 1980
Pure price action analysis. No indicators. With the buyback and price action suggesting a good move, I believe it could do well going ahead.
Cup handle formation on 1W chart, pennant breakout in 1D chart
As seen in my earlier post DeltaCorp forming pennant. Breakout given. Target mentioned in chart.
Bank of baroda previously made bullish wolfe wave and started journey, now a pennant on 2hrs timeframe making it more bullish. Targets on chart...
Nifty at all time high and not showing any kind of bearishness , except few small correction (Profit booking can be seen) . It only buy on deep opportunity, Kindly go through my previous posted ideas on nifty to get a clear view ... As all psu banks will be in bull run, like canarabank, sbi, Bank of baroda (Axis also). Targets are on chart...
The stock has been consolidating for the past few sessions after making a lifetime high in a triangle pattern. Breakout from the pattern could push the stock to much higher levels. For more trading ideas, like and follow.
Voltas testing the resistance of bullish pennant. Seems good if it moves above 918 for a target of 990+ levels. View negated if it moves below 885 level. Disclaimer: - These views are for educational purpose only and not a recommendation.
Trend Continuation Pattern Before 20th January a breakout will happen in SBICARD which will tend the prices to boost higher. -Mohit Rajani
Muthoot Finance looks to be in a bullish pennant. Target: 2200 by 17th May 2021
= Bullish Pennant formation =Retesting with 50% less volume Stop loss : 930 Target: 1118 Purchase 30% Qty at current price and 70% Qty above 976
Buy above 332 and target 340 with stop loss of 325 . Don't invest on this. Check your idea too
As per the price action on hourly chart, it is observed that the price action consolidated after a sharp correction to the previous gap up levels. Now price action formed a pennant triangle pattern, indicating continuation of prior strong bearish move. The price action may further fall down to 325-330 levels. It is a low risk, high reward trade setup. T1- 335...
Entry at 662 Stop-loss 632 Target 788 ( Set as 161.8% of Wave1 ) Risk/Reward 1:4+ Voltas is in a strong uptrend. Price is trading inside an upward channel and formed a bullish pennant. Pennants look very much like a symmetrical triangle but are typically smaller in size, ( volatility ), and duration. Voltas is in a 3rd Wave and Impulse wave 3 often is the wave...