🛑 easemytrip forming bullish pennant pattern
◽ Pattern represents that
After a strong upmove weak hands and short term Bulls were exiting from thier position
◽If green trend line breakout with huge volume then we can see it journey towards 700
◽ Fundamentaly strong stock
◽ good stock for long term vision
➡️ If it breakout 626 level then
◽ We can see target for short term 720
◽With SL 546
◽ R:R is 1:1.3
➡️ If it breakdown 573 level
◽We can see Target 480
◽With SL 656
◽ R:R is 1:1.2
If you like it , do share and follow for more
Have a nice day 😊
◽ Pattern represents that
After a strong upmove weak hands and short term Bulls were exiting from thier position
◽If green trend line breakout with huge volume then we can see it journey towards 700
◽ Fundamentaly strong stock
◽ good stock for long term vision
➡️ If it breakout 626 level then
◽ We can see target for short term 720
◽With SL 546
◽ R:R is 1:1.3
➡️ If it breakdown 573 level
◽We can see Target 480
◽With SL 656
◽ R:R is 1:1.2
If you like it , do share and follow for more
Have a nice day 😊