praveen.bhatiya

Pennant pattern Breakout

做多
praveen.bhatiya 已更新   
NSE:BAJFINANCE   BAJAJ FINANCE LTD
The stock has nicely formed the Pennant Pattern and gave breakout with higher volume. A little more volume would have made it more reliable however this pattern has a Flat base before forming the pattern. Statistically Flag/Pennant pattern after flat base performs better. One can buy the stock for a target of 2280 - 2300 by providing the suitable SL.
Disclaimer : All ideas and comments are my personnel view. Please take financial consultancy for trading decision.
交易结束:到达目标

免责声明

这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。