JAIPRAKASH POWER - JPPOWER(NSE) | BULLISH PENNANT

JAIPRAKASH POWER - JPPOWER(NSE) has been forming a Bullish Pennant since a few days. A long candle cutting the pennant upwards can be considered as an intraday buying opportunity. Since the stock is on it's ATH(All Time High), it is hard to determine a target level up to which the price can move, after the breakout. However, performing an Intraday Scalping can give around 0.5% return at-least. Watch out.