This stock seems to touch its previous 52W high soon, and atleast reach the all time high of 680. High volumes seen in the counter to support the uptrend. Supported by Other Technicals: RSI - 64 (bullish and not overbought) MACD is above its center and signal Line ADX - 50 (indicating strong trend)
Pole and flag formed and it's in the verge of flag. Might expect breakout in next 1 or 2 days with narrow CPR for upcoming week. Disclaimer: Not a SEBI registered analyst. Request you to do your own analysis before taking positions. Good luck
Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the...
SAIL - Forming Flag and Pole Pattern. Buy - Above 134 Stoploss - 125 Target - 151 Best for Short Term and Swing Trading
🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to...
AS you can see in the Chart ... Flag and pole pattern formation and Traingle formation has been shown by SAIL on Daily Chart There are 3 possible Setups to trade in this Scenario: Case 1 : if it take support at traingle base as shown in chart ... we can go for a swing trade ... with immediate target of 130 with SL mentioned in the chart Case 2: if it breaks...
Entry - CMP (72.6) breakout was 67.85 Target1: 86.1 Stop Loss: 63.7 (Daily Close). Will Update Trailing Stop loss whenever required. Duration: 1-2 months 2nd Time Sharing this Script since it went well last time and hoping it to go well this time too, since Script has shown Slightly Stronger Technical Pattern this time. (Rectangular Flag and Pole) Technical...
Dalbharat is forming a flag pattern and is taking retest...go for upper side
I am looking to take a risk here, to ride the Breakout. However, keep a very strict stop loss as per your risk appetite if markets turn weak.
BANKNIFTY | Looks decent INHS for 1000 points CMP : 35350 SL : 35100 Target : 36400 1:5 risk reward setup Beginners - consider taking Bull Call Spread than Naked Call buy Buy 35500 CE - 8th Jul Sell 36500 CE - 8th Jul
The chart is self explanatory. follow level mentioned on chart
BUY : 52 TO 48 TARGET : 80 Reason For Buying This Script : After a long time this script has broken the downtrend flag & also has broken the box in weekly time frame . Now wait for retest moment at the range of 48 . Note: Above given levels are based on monthly & weekly time frame . So be patience it will take some days to achieve the...
TATASTEEL bull flag pattern wait for breakout plan your trade
#flagpattern Flag pattern on daily chart Happy LEARNING
Entry - CMP (51.15) breakout was 47.3 Target1: 71.2 Stop Loss : 47.5 (Weekly Close). Deep SL 42.15 Will Update Trailing Stop loss whenever required. Duration : 1-2 months Technical trade Stock is showing Flag and Pole breakout with increased Volume. Fundamentally Script is trading around Fair Valuation but since we are in bull market we can expect over...