Dear Akhil, looks like a triangle pennant which is usually a continuation pattern and so the breakout will be to the upside? Thanks.
akhil1206
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@JMNIK, i think the pennant is taking a lot of time ..more than 3 to 4 weeks old now ,,pennant is changing to a symmetrical triangle which cud be either rising or falling. As long as the bearish cloud is thr i am looking for a downside breakout..... i cud be wrong ......