FLAG
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 ❤!!!
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.🤗
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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
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The analysis is my POV , hope you got bucks in your pocket to consult a financial advisor before investing :P :)
HAPPY TRADING!!!
WATCHOUT FOR THE BREAKOUT!!!Stock looks pretty much ready to give an inverse H&S breakout on the weekly charts, stock has also formed a bullish flag pattern on the daily charts, which can explode any moment soon. Stock retraced it's breakout levels of 80 in the previous weekly candle and jumped up again over 10% in the next week, which is also believed to be the classical kind of movement before the rally. Long position is strongly recommended with respect to the levels mentioned on charts.
Happy Trading!