Bullish Flag
Cadila ON FIREAs we can see its taking multipal time support from trend line which is respectfully followed and it took strong support ..
and flag and pole bullish pattern also formed and given breakout on it ...so we can see good upward trend in it...
RSI is also strong...for intrday u can go above 571 for TARGET of 574-575
THANK YOU...
A Bright Sun for Sun Pharma : Target Rs1000 ?NSE:SUNPHARMA is a constant and stable wealth generator.
The regular dividend of Rs2.5/share been given every September each year shows its stable income.
The rise in pharma will also push this scrip and I see a target of Rs1000 in coming weeks for Sun Pharma.
Every idea in this profile is for educational and predictive accuracy log purpose directed to personal use.
I don't recommend trading whatsoever.
Bullish Flag Pattern We have to linked the uptrend since November 20 to January 21 to current phase of retracement. One would be able to visualize a "Bullish Flag" pattern. However, fundamental aspects associated with gold price movement, second wave of Covid-19 and its ramifications on demand for gold, effect of covid-19 second wave on the wedding season have large bearing over technical breakout. We prefer to monitor price and volume movement.
Bullish Flag Breakout in Tata CoffeeNow it will test the levels of 158, 172, and 180. This is for education purposes only.
HSIL Swing Opportunity Go LongHsil Big Rounding bottom And up flag Breakout Go Long for Short Term
Entry at near and above 125.17 (major resistance Fibonnacci Levels)
1st Target -147 (Up Flag pattern target should be ideally acheived in 4-5 days after taking entry above 125.17 )
2nd Target -200
3rd Target -210 (Rounding Bottom Target)
RSI is also above 60 which is a buy Sign!
Recent Macd crossover for long
**Keep Trailing Stoploss**
**Been in Consolidation for good days,Time to give a breakout soon**
**Expecting a big UpMove In coming Days**
Bullish Flag , Swing Trade Tata SteelTata steel recently had a incredible Bull Run from 420 range to 620, after taking a small break it is now ready for next run. The Bullish flag, break of the long time trend line and the sudden up rise in the 20 DMA validates this ; And by seeing the length of the pole and the tiny body candles of flag, i guess we can expect a good run from there once the high value is broken , we can go for buy call from there and provide some good SL , so that u don't get stop hunted. since nifty is going in an unbelievable bull run providing good breathing space for the trade will save you from exiting the trade in loss when profit booking kicks in. Once the stock starts the bull run you can later trail the SL according to your risk management.
SAKSOFT - Bullish Flag Pattern (SmallCap - IT Sector)Hi Investors,
SAKSOFT looking good with bullish flag. During flag pattern formation, volume was completely dried out it means only weak hands have taken out their money. Breaking out above 345-350 with volume could be a good sign to enter.
I hope you will benefit from this knowledge
-MetaVish
Flag Pattern Breakout in CUMMINSIND for Target of 723+CUMMINSIND showing Bullish flag pattern breakout. If it trading above 610 then we will see the quick next target of 652. According to the chart pattern, the projected target will be 723+
Possible Trade:
Buy CUMMINSIND Above 610
Stop-loss 585
Target 652 723+
FLAG FORMATION (Price at Fibo 23.6 level and 9 day EMA Support)Positional Idea : LT has formed a flag on daily charts and price is taking support at Fibo 23.6 level and 9 day EMA, close above 1148 will confirm flag breakout, safe entry above 1177, post breakout flag target is 270 points.
Views for learning purpose only.
HDFC - PULLBACK STRUCTURENSE:HDFC
DAY CHART
UPTREND IN PLAY,HIGHER HIGH FORMTION IS CLEARLY VISIBLE
POINT (1),WIDE RANGE BULLISH CANDLES WITH GUD VOLUME WHEN PRICE MOVES HIGHER
POINT (2),THERE ARE FEW WIDE RANGE BEARISH CANDLE ON PULL BACKS BUT DID NOT SUSTAIN
POINT (0),FORMED A NEW HIGH AFTER WHICH PRICE STARTED TO CONSOLIDATE
POINT (A),IS THE LOW POINT OF THE RANGE WHICH IS THE CURRENT REF. POINT FOR PULLBACK STRUCTURE
1 HOUR CHART
POINT (A) REF. LOW FOR THE RANGE & (B) REF. TOP FOR THE RANGE
POINT (#1)INITIALLY PRICE STARTED MOVING DOWN WITH WIDE RANGE BEARISH CANDLES INDICATING STRONG BEARISH SEMTIMENT
POINT (#2) SELLERS BECAME WEAK WHICH CAN SEEN BY THE FORMATION OF HIGHER LOW FORMATION (POINT (0))
ALSO PRICE TESTED POINT (B) FOUR TIMES BUT CANNOT GO BELOW PREVIOUS LOWS (POINT (0))
POINT (*1) BULLISH WIDE RANGE CANDLE CAN BE CLEARLY VISIBLE
LOOK FOR ENTRY EITHER AFTER BULLISH CONFIRMATION CANDLE NEAR POINT (E1) (50% & 61.8%) LEVELS OR AFTER BREAKOUT (E2)
KEEP AN EYE ON VOLUME IN BOTH CASES