LongPennant
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Long
Finnifty - Aug 9Price was falling and has formed bearish pennant/triangle pattern. 22800 zone is important to decide the trend direction.
Buy above 22920 with the stop loss of 22880 for the targets 22960, 23000, 23080 and 23120.
Sell below 22820 with the stop loss of 22860 for the targets 22780, 22720, 22660, 22600 and 22520.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are
IOC on a breakout IOC looking good for a short term
Consolidating for Long.
Volumes are also picking up.
Very Strong on Weekly Charts, Just a small concern is RSI is in overbought Zone and seem like it can retest also, there is a small resistance at 179 also.
Note: I am not a Financial Advisor. Your money, your profit/loss. :-):-)
Just posted the idea as it seems good and people can analysis of it's own before taking any trade.
Happy Investing 🙂🙂
Long
Godrej Properties - Cup & Handle and Pennant Breakout Godrej Properties is making a head and shoulder in a large time frame (consolidation) for a target of 4000+. For a short-term it has broken pennant pattern for a target of 3000+. Other factors:
1. RSI will be improving
2. MACD is becoming positive
3. Double pattern formation
"Clear Charts, Easy Charts"
Learning & Earning !!!
Cheers!!
Long
ICICI Bank: A Lucrative Triangle Breakout for Swing TradersTraders, a golden opportunity unfolds as ICICI Bank exhibits a compelling triangle breakout, marking a significant turn for those eyeing short-term gains. This technical pattern, a harbinger of potential upward momentum, invites us to dive deeper and explore the swing trading prospects it presents.
Key Observations:
Breakout Confirmation: The breakout is validated by a surge in trading volume, an essential indicator of the strength behind the move.
Support and Resistance Levels: Post-br
Long
Reliance - Pennant Breakout and ATH breakout !!!!Reliance has given a Pennant Breakout with volumes. We can see price moving towards 3800+. Other factors:
1. RSI is above 6o on weekly basis
2. MACD is becoming +ive on higher time frame
3. ATH breakout
4. Volumes is steady
"Clean Charts, Easy Charts"
Learning & Earning !!!
Cheers!!
Long
Apollo TyreWe can see the breakout from Pennant Pattern and Possibilities of Stock Rally
Keep on watch listing breakout round happen very soon
Long
Bullish Pennant Breakout: Retest Targets $1,000 MilestoneBinance Coin ( CRYPTOCAP:BNB ) has recently formed a bullish pennant pattern, suggesting a strong potential for upward movement. This technical formation, characterized by converging trend lines following a significant price increase, indicates that the market is consolidating before potentially continuing its upward trend.
The breakout from this bullish pennant has been accompanied by substantial trading volume, reinforcing the likelihood of a sustained move higher. With the retest of the bre
Long
DLF - 3 in 1Patterns I see in the chart are 1. Symmetrical triangle 2. Bull pennant 3. Bull flag. I like symmetrical triangle as it has the chance of moving the price up or down.
Resistance is seen at 880 zone. Support is seen at 860 zone. So price has the opportunity to move within 860 to 880 and form a range.
Buy above 874 with the stop loss of 868 for the targets 879, 884, 890 and 898.
Sell below 858 with the stop loss of 864 for the targets 852, 846, 840 and 832.
Check the live market updates.
Hit the
Long
Cup and Handle Pattern in Finolex Industries on Weekly ChartFinolex Industries has making good chart pattern on Weekly time frame.
Buy (Half qty) at 235
Buy (Full qty) at 250
SL at 200
Target 1: 280
Target 2: 305
Target 3: 350
Long
Bullish Pennant Pattern Good volume buildup in daily and weekly timeframe.
Bullish pennant breakout with volume buildup.
Election result also has impact in this breakout. Let see whether the breakout sustains of not.
If the current candle high gets broken can give opportunity.
NOTE: I do my analysis do your before trade.
Long
Apollo Tyres - BIG MOVE !!!Apollo Tyres is trying to break the channel. Once it breaks we can expect the price to move to 750+. Other factors:
1. Apollo Tyres is an upward channel on a longer time frame and is doing a price correct on a shorter time frame.
2. Keep monitoring RSI, once above 60 will give a rocket move
3. MACD will improve as the price moves up
4.Best YOY performance
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!!
ODFL / OLD DOMINION FREIGHT LINE INC | Bear Flag/Pennant PatternNASDAQ:ODFL (Old Dominion Freight Line Inc)
Engages in the provision of regional, inter-regional, and national less-than-truckload services through a single integrated, union-free organization.
Its services include container drayage, truckload brokerage, and supply chain consulting.
Stop Loss Price :- 184.40
Stop Loss Trigger Price :- 184
CMP
Entry Trigger Price :- 181.15
Entry Price :- 180.80
Short
PFC - Pennant Breakout !!!PFC has just broke pennant set-up and ATH is 430. Once 430 is crossed, we can see a movement towards 550. Other factors:
1. Volumes have started picking up
2. MACD is getting positive
3. RSI is showing bullish signs
4. TTM revenue is highest ever, so is PAT
5. Given the Govt expansion plans, we can see PFC playing a major role.
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
Long
REC - Pennant Breakout!!!REC has shown pennant breakout. We can expect the price to move to 575-600+. Other factors:
1. Volume has started picking up again
2. RSI is bullish
3. MASD is showing bullish signs
4. Highest TTM revenue and profits
"Clean Charts, Easy Charts"
Learning & Earning!!
Cheers!!!
Long
BPCL PENNANT BREAKOUT WCBBPCL breaking a pennant #weekly
with good volume and rsi
#target 800 +
follow ur sl stricly
EDUCATIONAL IDEA
Long
BTCUSD updateBTCUSD is in bearish pennant pattern in 1hrs TF. Considering the global cues we can expect further fall in BTCUSD till 54000 zone. Be cautious with trades.
Short
Bulliesh pennant pattern create 200 ema above very good support 200 ema and wait for stay some day and best entry is when retest the and cross retest price company is good eps and growth show
Long
Cyient DLM : Pole and Flag Breakout with good volumesStock is moving in Pole and Flag pattern.
Given a Good Breakout with good volumes.
retested the same flag upper trendline and
now moving again in the upper direction.
Stock can be added here for long term.
Disc: For educational purposes only.
Long
Falling wedge or bullish flag pattern breakoutVolumes in daily and weekly timeframe significantly good.
After breakout significant volume build up on each candle and also broke all time high with good volumes.
Falling wedge or bullish flag pattern breakout successful.
NOTE: I do my analysis, do your before trade.
Long
Playing for short Term Buy above 270This is for Education purpose. Entry At your own risk. I am not sebi Registered.
Buying level above 270.
T1 - 300
T2 - 320
Tata Communications - Pennat Breakout!!!Tata Communications has broken pennant / symmetrical break-out and is heading towards 2700+ targets. Other factors:
1. Volumes are steady
2. RSI on weekly basis is on the verge of 60+, good bullish sign on higher time frame
3. MACD is also getting positive
"Clean Charts, Easy Charts"
Learning & Earning !!!
Cheers!!!
TLong
