Flag Pole structure in HDFCPost is for educational purpose only. Please consult your financial advisor before taking any trading decision. Always use a stop loss to minimize your risks.
FLAG
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HDFC Bank - Multiple confluence - Channel BO, Bullish flagHDFCBank - 4H TF forms a channel Breakout after strong consolidation. Formation of Bullish flag and waiting for the breakout. Fibonacci BO also observed with an immediate resistance of 1496 which can also act as a Target 1 and the next target will be 1588. Currently the levels are above all the moving averages.
All the levels are mentioned on the chart.
FERDERAL BANK @ KISS 79.50 $ TARGET FOR FUTHERS & EQUITYTHESE ARE ASUMMSIONS FEDERAL BANK FORMING FLAG PATTERN
TGT 01 - 77.50
TGT 02 - 78.50
TGT 03 - 79.50
THIS TARGET HELPS TO MAINTAIN A STOPLOSS
CUP AND HANDLE, SWING TRADE, MGLAfter bottoming out due to correction mgl is ready for next bull run. keep a good SL to avoid Stoploss hunting that may come due to upcoming nifty correction.
Even in this pattern we can a flag also.
ASHOKLEY IN BULLISH # FLAG PATTERN ASHOKLEY has a form FLAG PATTERN, the price has strength on a daily, weekly, hourly chart.
We can see price travel up to 112and 114, this level is not strong resistance but the price will take hold for further up move if price break level mention here so we can see 112 and 114 respectively.
