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FLAG

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
FLAG BREAKOUT: NXTDIGITAL with Massive Volumes🚀📌 Levels are mentioned on chart for ❝Swing trading❞. NXTDIGITAL Limited (NDL) is the flagship media business of the global Hinduja Group. The stock has shown high volume along with the breakout from an important resistance level . ▣ Key Highlights: ➨ Time frame WEEKLY 𝓦 ➨ Pattern FLAG & POLE ☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
NLong
by Kapil-Mittal
1
Maharashtra Scooters stair step formation✔✔​ Stair-Step Patterns ✔The next type of continuation pattern is what we call a stair-step pattern. Like the flag, the stair-step is going to occur after a sharp trend to the upside. For example, the stock will trade sideways for a few days and then surge to the upside. The result is an image that looks like a stair-step. Its also a trend continuation pattern.mean the stock will continue the current trend. what is trend continuation pattern ? ✔In its most simple form, continuation patterns explain how stocks move during countertrend moves. We all know stocks cannot go straight up or straight down, they move in the primary direction and then retrace in the opposite direction before continuing. These little retracements are continuation patterns.such are 🔹Stair-step pattern👇 It is a type of continuation pattern is what we call a stair-step pattern. Like the flag, the stair-step is going to occur after a sharp trend to the upside. For example, the stock will trade sideways for a few days and then surge to the upside. The result is an image that looks like a stair-step. 🔹Flag Pattern👇 Flag patterns are a type of continuation pattern that appears after the trend has already started. It is a small countertrend move that will often scare a lot of people out of the market. But the bullish flag pattern doesn't have enough fear in it to fully reverse the market. 🔹Pennant pattern👇 The final pattern is the pennant. This is one of the most popular and well-known patterns. It is a flag pattern which has the support and resistance collapsing in on itself. note guys this is not a buy recommendation.this is just for study purpose. hope u have learned something new.🤗 like🔹comment🔹support
NSE:MAHSCOOTER
by ANKITHSHAJU
13
CONCOR - Multi timeframe + Fibo+ Stage Formation + flagGave a break out from stage formation. The Indicator Used: PANEL 1: 1) Daily Lines Plots Daily 20 (BLACK) & 50 EMA (GREY), BLUE (200 DAILY EMA ) On Lower Time Frame Charts. 2) Valuation band KEYS: Red Faded Cloud: Over Valuation. Grey Faded Cloud: Proper Valuation. Green Faded Cloud: Under Valuation. PANEL 2: 1) TE-REKAB - Proprietary Indicator KEYS: PB: Pullback Blue Candle: Selling Divergence Yellow Candle: Buying Divergence If you like the analysis, do leave a like and follow for more such content coming up. The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :) HAPPY TRADING!!!
NSE:CONCOR
by ReeAishw