Describe pennant?
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    Describe pennant?
    Meaning
    In technical analysis, a pennant is a type of continuation pattern formed when there is a large movement in a security, known as the flagpole, followed by a consolidation period with converging trend lines—the pennant—followed by a breakout movement in the same direction as the initial large movement, which represents the second half of the flagpole.

    Awareness about Pennants

    Pennant ke liye yakja honay ke adwaar, jin ki lambai aik se teen hafton tak hosakti hai, rujhan ki lakiron ki taraf se khususiyaat hain jo qalam ki taraf mil jati hain aur un ka dhancha jhndon ke mushaba hota hai. ke har waqt hajam par ghhor karna bhi zaroori hai. pehli harkat ke sath hajam ki kaafi miqdaar honi chahiye, jabkay ko kam hota sun-hwa hajam zahir karna chahiye, is ke baad break out ke douran hajam mein numaya izafah hona chahiye .

    Click image for larger version

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    Tajir sadool masalas ki oopri trained line se break out par nazar rakhay hue hain, jisay oopar di gayi tasweer mein flag pol ke tor par dekhaya gaya hai. is tasweer mein istehkaam ki muddat ke douran tashkeel shuda patteren ko bhi dekhaya gaya hai

    Qeemat aik aisay maqam par pounchanay ke baad jahan yeh aik chart patteren se allag hojati hai, bohat se tajir is baat par ghhor karte hain ke aaya inhen nai ​​ya mukhtasir pozishnin lena chahiye. misaal ke tor par, aik tajir blush ki tashkeel ka mushahida kar sakta hai aur phir ki oopri trained line ke bilkul oopar aik had khareed order day sakta hai agar woh sochta hai ke qeemat barhti rahay gi. security ke patteren se hatt jane ke baad, tajir patteren ki tasdeeq karne ke liye mamool se ziyada volume ka intzaar karsaktha hai aur phir is position ko barqarar rakh sakta hai jab tak ke asasa apni qeemat ke hadaf tak nah pahonch jaye .

    Paints ke liye qeemat ke maqsad ka taayun karte waqt, yeh aam baat hai ke pehlay ibtidayi flag pol ki oonchai ka taayun kya jaye aur phir is oonchai ko is maqam par laago kya jaye jahan se qeemat qalam se nikalti hai. misaal ke tor par, aik tajir kisi position par $ 14. 00 ki qeemat ka maqsad talaash kar sakta hai agar aik stock mein $ 5. 00 se $ 10. 00 tak taizi se izafah hota hai, phir taqreeban $ 8. 50 tak mazboot hota hai, aur phir $ 9. 00 ke qareeb se nikal jata hai. yeh $ 5. 00 jama $ 9. 00 ki qeemat ka hadaf talaash karne ke mutradif hoga. chunkay un sthon se girna patteren ko baatil kardey ga aur mumkina tor par taweel mudti ulat jane ka aaghaz kere ga, is liye stap loss level aam tor par patteren ke sab se nichale maqam par set kya jata hai. is ki wajah yeh hai ke un sthon se kharabi patteren ko baatil kardey gi .

    taajiron ki aksariyat –apne chart par kayi deegar chart patteren ya takneeki isharay ke sath mil kar lagati hai jo tasdeeq ke tor par kaam karte hain .

    1 yakja honay ke marhalay ke douran, misaal ke tor par, tajir rishta daar taaqat index ( rsi ) ki satah ko aitdaal se le kar over sealed level tak pahonch satke hain, jo mumkina tor par oopar ki taraf bherne ki raah hamwar karta hai. mutabadil tor par, trained line rizstns level ke qareeb ho sakti hai, jo aik aisa ilaqa hai jahan break out aik nai support level peda kar sakta hai

    An Illustration of a Pennant

    Let's have a look at a pennant that was actually used in the real world:

    Click image for larger version

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    Pichli misaal mein, stock ki taraf se aik is waqt bantaa hai jab yeh sab se pehlay toot-ta hai, phir apni pichli harkat mein se kuch ko peechay htata hai, aur aakhir mein aik onche simt mein toot jata hai. ki muzahmati trained line ki oopri trained line bhi aik hi waqt mein radd amal ki bulandiyon se mutabqat rakhti hai. taajiron ne un sthon se break out ko kharidari ke mauqa ke tor par dekh kar aur phir jab yeh waqay sun-hwa to is par amal kar ke anay wali paish Raft se faida uthaya ho ga.

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