8th April 2021 – Pennant – SHREECEM

Jump to: Pattern Result

Date and Arrival Time: 2021-04-08 09:30

Symbol Name:  SHREECEM

Pattern and Direction: Bullish Pennant Break

Pattern Completion Price:  30660.00 , Pattern Ideal Completion Price: 30557.80

A Bullish Pennant Break has arrived at 09:30.

This is a pattern with a formation span of  3 days.

There is a potential Buy opportunity at 30660.00. A safe stop-loss for this Bullish Pennant Break can be kept at 30110.00 as per the pattern invalidation level or depending on the trader’s risk tolerance. PatternSurfer always advocates tight stop-losses to maintain the best risk-reward ratios .


UPDATE: 8th April – Success!

Let’s take a look at the results below. The price hit the target on the same day as completion:

PatternSurfer - India