Double TOP pattern on USDINR.Flag Pattern going to over at 75.2 or 74.8
First target if reversal 73.717 and second if stay below it 72.534
FLAG
Gail India has created a perfect Flag and waiting for a breakoutBUY at CMP 123 with a STOPLOSS 120.60 and Targets 127, 132. Comment out for better understanding of the position taken ....
## CHART LEARNING ## FLAG PATTERN ## Biocon forming flag pattern. previously is also formed a flag and breakout from the flag gave a good upside move. watch for the breakout of this recent flag.
Will Nifty Flag pattern give the target?Nifty formed a Flag pattern with 8% length.
As per the pattern it will touch 12300.
wait and watch
KOTAK MAHINDRA BANK ON THE WATCH VIEW ON KOTAK MAHINDRA BANK
:-THE RANGE IS NARROWING DAY BY DAY
:-CONFIRMING POLE FLAG PATTERN
:-POLE FLAG PATTERN IS A CONTINUATION PATTERN
:-I.E WE EXPECTING A BREAK ON THE UPSIDE
:-DIVERGENCE VISIBLE IN THE CHART
:-WAIT AND WATCH APPROACH
:-TRADE WILL BE TAKEN FOR SHORT-TERM,MOMENTUM AND POSITIONAL AS WELL
:-ONCE LEVELS ARE TAKEN I WILL SHARE THE UPDATE
Bajaj Finance LongBajaj finance continues its bullish trend.
Accumulation led to a Flag Breakout.
Consolidation at Flag is progressing within rectangle. Morning Star formation shows a bullish reversal may be forthcoming.
If the next candle opens in the green, higher levels should be expected.
Stop Loss should be maintained @3820.
UPL - 60Min - More 10% downside ?UPL is in a deeper bear flag continuation pattern. The stock is approaching a key zone between 556 - 565. This will be the 3rd touch of the bear flag indicating pattern completion. If there are strong rejections at this area the stock can reserve and continue its move to the downside potentially till the 500 levels.
Sell Zone - 556 - 565
Traders should enter short only after the close of any rejection candle. ( pinbar, engulfing)
Stoploss - 570
Target 1 - 520
Target 2 - 500
Disclaimer
This content is for information and educational purposes only and should not be considered as a piece of investment advice or an investment recommendation. Past performance is not an indication of future results. All trading carries risk. Only risk capital which you are prepared to lose.
Exactly NIFTY followed my Projection...I will update BANKNITFY shortly.
As per technically, till there is not much positiveness on nifty nor in banknifty.
NOTE: For Live ALERT , Kindly hit LIKE button.
NIFTY is following as per my chart. please check below post also.
Full detail researched on NIFTY with positonal and intraday. We have seen breakdown after (5) wav e and fired move in downside which still unstoppable .
This channel is not much reliable target/support 11337 and Final support from measurement at 11212 nearby.
I have drawn the "FLAG PATTERN" in a chart which has still left more fall. It's a negative point.
Advanced predicted channel has support 11300 nearby.
My performance and Followers...on BANKNIFTYFirst of all, you must have FIVE minutes to understand.
Try to observe both patterns as mentioned following:
Flag Pattern (i) which is in the channel.
Flag Pattern (ii) with breakdown channel support.
There're total (5) channels in the chart but the 5th channel is different from all others. look at all Four-Channel having up-trend but 5th has a flat channel.
Now let me switch your brain o n Jul 14, 2019. Almost of all advisors and TV channel bullish bulish target but I clearly told you that. This is my statement was "Negative move is left..."
I have added chart with all 5 smaller channel in this full post FIRST TIME after visualyzed.
After the 4 days and Jul 18th 2019. (3) wave and resistance plotted clearly drawed for you and next day Banknifty started to move downward .
On the Jul 19, 2019. I have published Support of the channel and breakdown arrow . Everyting is clear here.
I hope you have enjoyed and Happy to follow me.
Idea A Bet - Can go up and only upJust see the chart on weekly time frame.
if nothing negative come from market then it has potential to go for 34 Rs target. Short term target 1 is 16 rs . target 2 is 20 rs. Target 3 is 27 and then 30 and then 34
Reliance : Trickster!!RELIANCE had been tricking our red zone from last month (Check related Idea's), Now its forming bearish flag right abv said zone , keep watch!
if you have any queries regarding above idea or any other stock feel free to D'M
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