CROMPTON BREAKOUT ON WEEKLY CHART- Stock create falling trend line
- Look like flag pattern
- Stock currently at strong resistance area
- Sma follow perfectly on daily chart
FALG
Multiple reasons to get long1. Flag & pole pattern breakout
2. 9 months consolidation
3.Entry before breakout has its own benefit
BULLISH FLAG PATTERNEducation
Bullish Flag Pattern
This pattern is a bullish continuation which suggests further bullish rally.
It helps traders where they can decide for bullish continuation and extended rally, the Bullish Flag Pattern should be formed with the existence of bullish trend.
The break of the resistance from the drawn pattern is a sign for preparation of bullish setup, and price should not retrace more than 30% of the trend.
Banknifty 1.global sentiment Are not clear for me
2. war was not end
(Chart shows a flag pattern )
(small Up Trend )
1.IF Tomorrow gap up 5 min or 15 min candle if break the resistance 33886 .. if we can see the price action for buying side and exit at the target price 34339
2.If Open in flat wait for the trend up side or downside Or it may have side ways then take the trade
3.if gap down wait For close the 5 min or 15 min candle the crossed 33394 buy and wait for the target
Weekly high and low should be mark
Possibility my have on up side (up to previous week swing high)
Total Oi base call side 11,28,597 compare to put side 9,90,434 OI
So call atm to 500 points itm contracts 91641 oi
Put atm to 500 points itm contracts 1,01,626 oi
put options purchased itm 34000 strike price 41,036 oi
Option chain shows bearish
Note . this just prediction. market can happen anything
NTPC Flag pattern on Dailyit has formed flag pattern on daily chart. price is near 52W High.
on monthly chart, it is 10 year breakout.
200 looks easy for this.
any pull back toward trendline can be brought.
Monthly RSI crossing above 60, indicating more bullishness.
Tata Power BreakoutNSE:TATAPOWER
A breakout of the flag pattern, upward move expected
Short-term target : 250 - 260
Long target : 350
DABUR - Flag breakoutNSE:DABUR
DABUR - Flag breakout
Target - 690+
Stop Loss - 625
Disclaimer : This is not a Recommendation to buy sell or Hold.
ZENSARTECH - Flag pattern breakoutNSE:ZENSARTECH
ZENSARTECH - Flag pattern breakout.
Flag breakout with good volumes, but has a dividend payout on 15th Sep.
Expecting a target of 524 in Near term and there will be drop Rs 2.5 on 15th
HIL LTD POLE FLAG PATTERN FOR SWING TRADNSE:HIL
FOR SWING TRADE
POLE & FLAG PATTERN
DAILY TIME FRAME
FOR EDUCATIONAL PURPOSE
Nice flag break out in Birla SoftBirla soft has given a nice flag break out after consolidation, near 20EMA period, after recent rally. Today’s volume was also good and has closed near the high of day. Can be good intraday and swing opportunity in this.
NSE: PIDILITIND(1H),Using of Flag & PoleCMP- 2127.85,Looking good for Monthly Holding
Flag and Pole Pattern is seen
Strong wick Rejection is Also there
#Disclaimer:-I just shared my view for only educational purpose.
Thanks
Buy Adani Enterprises @890 | Flag & Pole pattern | Upside intactBuy Adani Enterprises for a Short term Target of 1085 (23.5% Upside)
Stop below
825 or a candle in 1D timeframe closes below the line
GailGAIL (30 TF.):- CMP 153.40 BUY ABOVE 154/155 FOR
TARGET 160/165++ STOP LOSS (Below 150) 15min candle closed
Adanient Flag Pattern BreakoutAdanient Gave Flag Bullish Pattern Breakout Supported by ADX, RSI , Moving Average and Inside Bar Formation
