Black Friday saleUp to 70% OFF

FLAG

Adani Power - Ready Set GO !!🔰 MY thought process : ⭐Symmetrical pattern BO again at monthly resistance 🔰Am I taking this trade now: Already in it :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:ADANIPOWERLong
by Averoy_Apoorv_Analysis
9
NIFTY DIWALI TARGET 19000On a weekly chart there is a flag and pole pattern forming from 11500 making a high around 15400 and then there was a sideways range from Mar to May mid. On a break out of 15000 around mid may it has opened a window to 19000 as previous pole measured is around 4000 (15400-11500). Target of 19000 should touch around October-November i.e Diwali time. Stop loss for this setup will be around 14500. However, only time will tell if this theory will come true or not. Keep stop losses intact and hedge on any of the trades taken on this setup or even any setup. But Nifty has turned bullish and this is one of the best time to turn bullish. Trade as per the risk appetite, Spreads are much better to trade as risk is defined Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.
NSE:NIFTYLong
by JKoptions
1
Coal India | Huge breakout coming | See description for details🔰 Hello my friends, here is the story I see behind this stock: ⭐Fibo: On 0.3 healthy retracement ⭐Pattern: Flag and pole :) ⭐Volumes: Are ok if u see a jump in volume in 1hr that's a bonus ⭐Hold if it closes above the pink line on the D chart that would be a huge breakout :) ⭐Closing above 160 will give huge upside, the pattern will be updated with lvls then ⭐Trade will be activated on 1hr itself ⭐Risk: closing below 140 on 1hr = SL and Target = Well winners don't put targets :) 🔰Am I taking this trade: No---Reason: Already in the trades of Naukri and PPL as posted last time :) 🔰 {Some info} ➼My name is Apoorv and I am a 2nd year Engineering student, I want to pursue trading as my career, and thus whatsoever setups or trades I potentially see on my charting platform, I post it here and share them with you all. ➼I hope you will love my simple analysis style. ➼Feel free to suggest your view on this as learning is earning here :) ➼I take my trades on my Zerodha account :) ➼These charts are my and only my work, my thought process, just from an educational point of view and no calls. <<<<<>>>>>
NSE:COALINDIALong
by Averoy_Apoorv_Analysis
4
CIPLA -Flag Pattern Flag Pattern basically in simple language a figuratively a pole and flag - drawn on the chart How does a flag pattern matters in trading? Flag patterns signify trend reversals or breakouts after a period of consolidation. So the important point to note here is CIPLA would be out of consolidation either will fall or rise from here. Usually, the break out or reversal sync up with some news or event, interestingly CIPLA posted decent quarterly results, though doesn't beat the estimates but quite good. So if we try to check all the items from the flag pattern checklist Pattern visible - Yes Volume increase near breakout - Yes News on the horizon - Yes trendline breakout using GAP UP - yes Bullish candle - higher high , lower low - but red candle How to Trade it due to the last checklist item bullish candle - safer approach of buying above high can be taken. Just in case if the breakout is fake will save from losses Entry, Target marked on the chart Can use 20 DMA as trailing stop loss Trade Safe
NSE:CIPLALong
by msk_analysis
2