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Bullish Flag

NTPC | Bull FlagBullish Flag pattern spotted in NTPC . Pattern seems to be confirmed and hence the stock could move towards 148. Previous top at 137.5 can act as an intermediate resistance. (Disclaimer: Our charts and contents are just for the purpose of analysis, learning and general discussion. Do not consider these as trading tips or investment ideas. Trading in Stocks, Futures and Options carry risk and is not suitable for every investor. Hence it is important to do your own analysis before making any investment or trading decisions based on you personal circumstances and it is always better to take advice from professionals)
NSE:NTPC
by AkhilSuryaFS
Bullish Flag Brakout : Continuation PatternMRF TYRE Buy on Pull back at 57150 With SL Below 56900 For Target 61000 Or Buy the 1st 30 Min Range Breakout On April Fool's Day. Keeping SL as 30 Min Low or as per your Risk Management. Falling Wedge in Formation ? And if formed and Breakout, It's time to touch 200 SMA. The 200 simple moving average ( SMA ) is considered a key indicator by traders and market analysts for determining the overall long-term trend. The price level in a market that coincides with the 200 SMA is recognized as a major support when price is above the 200 SMA or resistance when price is below the 200 SMA level. Why is the 200 SMA so common for traders and analysts? 200 SMA is Widely followed by everyone. Markets react strongly in relation to it partially just because so many traders and analysts attach so much importance to it. Nothing to Explain more about it, because everyone knows about 200 Sma . Let's Look at MRF price Action Around 200 SMA . There Are Many Wild Moves In MRF TYRE LTD Around 200 SMA . MRF TYRE LIMITED From Low of 401 In 2001 To High of 81400 in 2018. 81400 ( up by 20300% in 17 Years) "This Dude Is the Only One Who Knows How To Use Rubber, While We Just Use and Flush" Let's Look at the Price & 200 Sma History Since 2000 to till date.
NSE:MRFLong
by Equity-Earningz
2
Larsen & Toubro : Turbo Mode On !LT one of my favorite scrips, whether its intraday or positional this scrip performs really well (just my opinion,can be different exp for you ). Those who follow me for a while ( 6 months or so ) might be knowing about the Investment analysis we did on LT. We got it somewhere around 1100's I guess, now LT @ 1500's. Great Returns. Flashback over, back to reality... Now we have bullish flag in LT, if we get proper breakout enter long positions with proper stops n target. If flag fails don't enter downside, for few other bullish flags we entered on downside breakout, but not this one, there is a reason behind it. Can someone predict what's the reason behind ? Come up with your reasons..most welcome...
NSE:LTLong
by InsiderB
4
Nifty : Counting August Chickens after Hatching !Hi Friends, Let's Welcome September by counting hatched chickens of August ? (1) Bearish Cypher - 80 points ( trailed stops) (2) Bullish Cypher - Lost 15 points ( Broke the pattern straightaway) (3) Bullish Gartley - 240 points ( Trailed stops aggressively & We caught wave-3 perfectly ) So whooping 305 points in few days..Great for Nifty I believe. But before going into calc's of for 305pts/10 days , then how much for month with patterns n all... Please realize the fact Nifty was kind enough to patterns this time thats why we grabbed as much as we can. This is Best scenario which happened thats all. What if worst case happened ? Well, we might have lost around 80 - 100points, thats what makes difference between successful professional trader and who tries to be winner. When you lose, you should lose less, when you win, Win Big ! Alas ! As I was counting chickens, Nifty opened... Today, We have rising flag in bullish trend, so this breakout will signal end of wave-3 or Wave-3 gonna continue little more ? I have no positions in Nifty now, waiting for breakout to initiate new trades, expecting wave-4 or extension of wave 3 but planning for lesser points only, not bigger moves :) Feel free to leave your comments, take a moment to hit Like...Happy TradinG !
NSE:NIFTY
by InsiderB
9
Biocon : Rising Flag & Symmetrical triangle Pattern within a pattern - yes it is ! So Biocon will be very good trade opportunity on Monday for both intraday and positional traders. Probably, positional traders have to wait for sometime as there is bit of distance between trendline and current price of Biocon. Its breakout patterns everywhere around the market, so choose and trade wisely.Lets expect next week to be as good as this week we had with Nifty,Ambuja cements& few others. Hit Like button to keep me motivated to post more ideas...Thanks for your support ! Happy Trading !!
NSE:BIOCON
by InsiderB
4