Flag pattern formation in progress on daily time frame. Has taken support at the gap level and is now showing strength. Resistance zone at 36549 - 37232 and resistance point at the ATH level. Will face some resistance at these levels, but I feel, it will eventually reach its swing target of 39615 - 40000. Happy Trading Amit Shreeram Goel TradingOwl
Category: Bullish Flag and Pole Pattern Key Highlights: 1. Sharp Bullish move visible. 2. Price taking support from one of the key support levels. 3. The reported earning are 40% YOY+ which is definitely positive with the increasing retail participation. Disclaimer: This is NOT investment advice. This chart is meant for learning purposes only. Invest your...
If it breaks the flag pattern then these are the target and SL
1. Flag Pattern is forming in weekly chart 2. Buy only above 243 on weekly closing 2. If Breakout Sustain long term Target 1 -164, Target 2-200
Buy half of the amount @4120, Buy more @4155-60 Target - 4500++ Duration - 1-1.5 months SL - <3138 (closing point) Pattern - Flag
1. Ready to break Channel & Flag Pattern 2. Buy above 925 on 4 hr closing or Daily Closing 3. Maintain Stop lose at 2900 on 4 hr closing
1. Pennant Breakout with Huge Volume 2. Expected 30% return 3. Buy while retesting 4. Stop lose at 1980 on 4 hr Candle close
1. Flag breakout in 4 hour chart 2. Weekly CPR Support 3. Volume Profile Support 4. 50 EMA Support
It seems like AARTIIND has been printing the flag & pole formation on a constant basis. As of this point, we could wait for a consolidation in the area of 970-1025. If we get a consolidation, it would be a good area to buy it for longer time frame in mind.
After a long rally SHIB has been consolidating for a while. Now making a Flag pattern for breakout.
Target : 34/40+ SL: 29 (Closing basis) Reason : Secured an Order worth 381 cr, Last quarter result was also good.
Levels as mentioned on the chart with probable Price Action to follow.... Be Proactive Trader Better Insight, Better Trade Execution Views are for ‘’EDUCATIONAL PURPOSE ONLY’’ trade at your own risk. ''I HAVE A RIGHT TO BE WRONG'' "Always Respect Risk" Happy Trading Jai Hind
BHARTIARTL perfectly playing between resistance and support need to track for the upcoming week so either it will break up or below we can also take moving avg as a stop loss in both cases if required.
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
REASONS FOR ENTERTING TRADE 1. A pole flag structure with the base of the flag bouncing off the 200EMA. 2.This 200EMA bounce point coincides with the long-term support trendline, 3. & the 61.8% retracement of the pole. 3. Price sustains above the flag range after retest Buying above 65 for a projected price target which is set as the pole height, from the...
MCX Flag and Pole breakout in 1W timeframe. It has also broken Horizontal Resistance. If it sustain above 1810 can expect bullish movement.
ONGC Flag/ down-trending Channel breakout. 119.5 PIVOT/ make or break of the trend.