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Bullish Flag

MCX Lead: Pitchfork, Bullish Flag & Double Top PatternHere I have used the three most popular patterns, which are pitchfork pattern , bullish flag pattern , and double top pattern on MCX Nickel daily chart. First of all, let's start with a pitchfork pattern. Nickel is running on the support line area. This movement indicates a continuous uptrend ahead. The second thing is the bullish flag pattern, which also indicates the same. After a short reversal, nickel will start marching for the following targets: 162 - 164 - 166+ If the trend breaks the support line, there will be an activation of the double top pattern, which indicates the fall to the following levels: 148 - 145 - 142.6 Additionally, a breakout of the neckline is a direct sign of an extreme downtrend. And that will become unstoppable and hit the following levels: 136 - 132 - 128
MCX:LEAD1!
by freestocktips
Trade with no worries on nifty with the help of this Idea :)hello guys :) another idea for making you profit :) many people messaged me privately and some also told in comments that also post a idea on nifty as the idea may help give profit :) check my ideas in profile and load new bars and check they really gave good returns and many people also take trades according to my ideas and they get awesome profit :) may this idea also give you profit :) Ok so let's move to the topic:- As you can check the fib levels they are acting as support/resistance,they really provide a lot for the trade :) Nifty is almost there to the highest resistance.there are also bullish patterns that nifty formed and they are: ascending triangle,Inverted H&S and bullish flag formation. H&S patterns really work on nifty,and the pattern formed now :) nifty can go in a strong uptrend if it breaks the highest fib resistance of 1.618. And you should really beware of that resistance.because it can pull nifty down so it will be a safer buy if you buy when nifty breaks it. Other information of how and when to take the trade is given in the chart. hope you will feel confident and your worries after viewing this idea :) and I would like to wish you a very happy dussehra :) follow me if you want more ideas that will make you lots of money :) please do like and comment on this idea as I will get your thoughts on this :) if you will click on the like button and if the idea will get in editor's picks then many people can make money :) coming with the next idea for making you profit :) till then bye :)
NSE:NIFTYLong
by Aniketyourtechnicalanalyser
7
Bullish Flag BreakoutJust for a change using a Dark Theme ..... Buy only above the flag pattern (133) 1. Stock is in Bullish flag breakout pattern. 2. We have Max pain also near to the price. (130) 3. Stock is struggling near 0.5 Fibo above that we have a good bullish sign. 4. PCR ratio is less than one which suggests on buy-side. ( 0.31) 5. Have SL as below flag lower price and Prefer to buy. We can have targets as 140/145/150/160 Strictly only an educational view
NSE:APOLLOTYRELong
by nikhilvenkataraviteja
9
Buy the Consolidation Breakout - Risk-Reward 1:5Entry 283.25 Stop-loss 269 Target 253 Risk - Reward Ratio 1:5 LIC HOUSING FINANCE, from May 19th to Uptill June 17th, LICHSGFIN had a strong impulsive move. Since the 17th June top, price is in consolidation and remained above the 50% retracement level of the previous impulsive move. There is a high probability that an ongoing consolidation breakout may result in one more strong impulsive move. Apply your money management before taking a trade, and trade management ones the trade is going in the anticipated direction. How I set the target? Target is equal to the range of the previous impulsive move, added to the breakout price. Nothing is a sure shot in trading, each trade must have a pre-defined stop-loss. How I set the Stop-loss? Here come the stop-loss placing methods which are always debatable. Books guide us to place the stop-loss below the swing low or below the lower line of a chart pattern in a bullish breakout. In this case, the Risk-Reward Ratio will be very poor because stop-loss will be 256 and the RR will be reduced to 1: 2.5 which I don't prefer in Positional Trading. So kept stop-loss below the probable support zone in the lower time frame. The disadvantage in this method is that the stop-loss is tight and may get triggered if there is a high volatility or price fluctuation, but I'm ready to lose accuracy over high reward. In trading, if you have 40 to 50% accuracy, it will be more then enough. With a good Risk to Reward ratio and 40 to 50% accuracy, is a winning combination. Many claim 80% to 90% accuracy and still, they are not on the Frobs richest list. If I get 80%-90% accuracy, "I will be The GOD OF TRADING". In Trading High Accuracy is a MYTH.
NSE:LICHSGFINLong
by Equity-Earningz
3
LALPATHLAB Bullish FlagLALPATHLAB has broken out upside after its consolidation in a triangular channel. The impulsive bullish breakout candle is followed by 2 small range pulllback candles thus forming a bullish flag pattern. The structure suggests that the trend will continue in the direction of the breakout. A long entry can be taken at the break of yesteraday's high above 1691.05 TG1: 1719 TG2: 1746 NOTE: Trade with confirmation of momentum & volume on lower timeframes in intraday.
NSE:LALPATHLABLong
by tradepurge