Chennai Petro CP breaks out on 1D timeframe. It has given a Double Pattern breakout from Falling Wedge and Flag patterns. Target & Stop Loss are explained on Chart. Be wary of upcoming earnings. Do Trail your Stop Loss and follow proper Risk Management.
SUMMARY:- -stock is on the verge of breaking out of bullish pole flag pattern -its a continuation pattern -once market starts to sustain above 365 will see a clear move towards 380-390 -396-402 is the supply zone for the stock -if that breaks then again range of 420-430 will open up DISCLAIMER *my views are not trade recommendation *please consult your...
Can move towards ATH if breaks 1330 decisively. Commodities prices soaring due to the war. Breakout from a flag pattern. In a good Uptrend. DISCLOSURE - Invested and can be a biased view. I would appreciate your thoughts on it. PS. - I am not SEBI registered. This is for analysis and educational purpose only.
1. Flag Pattern Breakout & Retested 2. 50 EMA Pull Back on weekly Candle 3. 50 EMA Pull Back on Daily Candle at the flag breakout level
Cup and Handle breakout and Retest has been witnessed. Also while making the cup the stock travelled in a Parallel Channel which broke out and has retested the Channel as well. Recently it made a Pole Flag Pattern and the last session gave a Breakout .
Being in the channel Target - 1719 - 13.5% SL - 1480 - 2% Price crossed above SMA 10, 30, 50 , 200 Price broke out of Flag channel. RSI at 56
It is been observed on the hourly chart that the price action breaks above the consolidating flag pattern indicating a bullish move ahead tomorrow. Target: 1050 SL- 980
Dear all Bullisg Flag Pattern observed in Geojit (GEOJITFSL) Counter.. just sharing with you Details are mentioned in the chart , if i am wrong please correct me and appreciable Disclaimer: it purely my observation, Analysis and viewpoint ; Not a trade Recommendation
Everything in chart Weekly chart: Rounding bottom breakout done already. ADX: above 30 indicating strong trend.
Weekly flag breakout with high volume. Target is open but acc to pattern given as height of the pole. SL is place at the low of last candle a.k.a new support.
The stock is clearly in Bull's hand moving vertically. Pennant pattern has given breakout yesterday with increased volume. It looks very promising for trading as well as investing. Traders can book profit around previous High approx 925 by providing SL 840. Investor can expect at least 25% capital appreciation for their patience.
Bullish flag breakout thats what we have in BankIndia (Bank of India). When we look at the chart it looks like early breakout and easily it cud have moved within flag zone for few more days. Just above the flag prev resistance zone 113's-120's but breakout patterns carry huge momentum with them but Nifty doesn't make newer highs which makes us think whats gonna...