#SXTAnalysis

The bullish pennant pattern is similar to the bullish flag pattern in structure. They are formed when the market moves higher, then there is a pause, and then it combines between the converging support and resistance lines. The uptrend then continues with other similar-sized price increases. This pattern gives investors the opportunity to go long and make a profit.

Bullish pennant pattern ka structure bullish flag jaisa hi hota hai. Ye tab banta hai jab market upar jaata hai, fir pause hota hai, aur phir converging support-resistance lines ke beech consolidate hota hai. Uptrend fir similar size ke price increases ke saath continue hota hai. Yeh pattern investors ko long jaane aur profit kamane ka avsar deta hai.