Triangle pattern breakout with high volume during breakout.
Apollo Hospital Weekly chart - Bearish
Price is at the bottom of the channel. Trade after a confirmation candle.
An Ascending Triangle pattern is observed in weekly chart
Descending triangle pattern is observed in britannia weekly chart.
Bearish Pennant - To take a trade breakout should happen with high volume.
Adani Power in Pennant pattern, trade as per the breakout direction.
Pros : Hammer with high volume Price at the bottom of the channel with long tail Hidden bullish divergence Price above 200 SMA Price at Previous support Cons: Bank Nifty is bearish mode Buy above 415 and Stop Loss below 404
Bearish Pennant pattern breakout with high volume. MACD gone below zero. The Length of Pole (AB) is the target. Monthly and weekly with bearish engulfing candles.
Biocon - Bullish divergence + Bullish Kicker Pattern + Trendline Break