#JSL Jindal Stainless, pennant pattern#JSL has given breakout from the upper trend line of the symmetrical triangle on Daily chart.
Good Volume.
Consolidation formed a pennant pattern and now BO.
Has already formed rounding bottom on Long Charts weekly/monthly
Near Term Target 110+
Potential Target 130+
SL- prev day low.
Note: not SEBI Registered. Nor any Recommendation. do your due diligence before taking trade.
Pennant
HINDCOPPER 30min chart Breakout!First lets talk about risk
Tight SL coz if those levels are broken the breakout will fail. also metal sector is not looking very bullish in short time and we are trading on 30mins chart for short term.
Now here are my reasons to trade
Stock gave a breakout on 30 min chart today with a good volume.
Stock was consolidating for 11 trading day and gave a breakout on 12th day, i.e. today.
After breakout it retested the trendline for about 1.5 hours and managed to sustain above the trendline.
On the
Deepak Nitrite Getting Ready!Deepak Nitrite has formed an ascending triangle pattern on hourly charts!
The stock is accumulating buyers by making higher lows and a horizontal resistance of 1840 and its supported by RSI.
Expect a big move up to 2000 eventually after crossing 1840.
Good for a swing trade.























