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.
FLAG
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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Note : Trading in any financial market is very risky. We post ideas for educational purpose only.
It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
TVS MOTORS: Sell 535-532, SL 555, Target 495TVS motor has presented us a very juicy shorting opportunity. On weekly, it has broken a wedge formation. On daily a flag formation has been broken. SO pressure is on the downside. As the broader market is also plummeting, there is a high probability of TVS motors to reach its target and beyond.
KPIT TECH POLE FLAG BREAKOUT CONDITIONAL TRADE DEC FUTKPIT TECH POLE FLAG BREAKOUT CONDITIONAL TRADE
DEC FUT
BUY@230(229.85)
STOP@226
TARGET@237.5
LOT:2250
QTY:1
Flag Breakout Good Risk/Reward I've observed a good Flag pattern trade, which could reward well in short term. One can buy the stock with the following details
Entry 49.50
SL 46
Target 59.80
Risk/Reward Ratio 3
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Flag PatternThe Chart has nicely formed FLAG pole between 25.10.18 to 02.11.18 and gave the breakout with good volume after small consolidation. It offers a good long trade at current level as the detail given below
Entry 2051
SL 1995
Target 2172
Risk/Reward Ratio 2.16
Disclaimer : All ideas are my personnel view. Please take financial consultancy for trading decision.
Amar Raja Battery made Flag pattern...if stock cross 890 price and stock close same price..then stock will fly
Coming soon, Breakout in Ujjivan!Ujiivan is trying to break resistance line with a flag structure formation. May give a breakout soon!