Bhel Breakout on Bswing !Stated our reasons in Bhel chart itself, if you have specific queries then drop in, No worries :)
FLAG
ONGC - Rounding Bottom, Flag, Hidden DivergenceONGC has formed a rounding bottom with a flag.
Notice the hidden divergence.
Seems to be a good medium term buy.
IGL : Perfect Candidate for Bullish Flag breakoutA close above 1071's will make it fly like anything, lets see what IGL decides to do !
GOA CARBON - Rounding Bottom - Flag - DivergenceStock has broken out with huge volumes following spectacular result.
A flag has been created. Let's wait and watch any upward move.
A hidden bullish divergence has also been formed.
Flag Breakout/Down - BPCLTrade the flag Breakdown.Support from trendline . Short if breaks 727 and closes below.
Or if it takes support at 727-728, Buy for a target of 742 & buy above 742 in case of breakout from the flag.
Double top on Daily and weekly TFs.
Jain Irrigation BuyPost bottom reversal, the stock has been trading in the Symmetric Triangle in intermediate trend running across weeks. The Triangle was breached with Bullish expectation, and the stock is righ now in tilted rectangle - almost like a flag consolidation amidst a rally. Would be expected to break out and rise with gap.
Zuari Agro Buy Flag Breakout !My mates can use the recent trading opportunity generated as nicely formed Flag pattern has given breakout with volume. It can easily scale above 400 in coming days. I like this kind of setup being reliable, fast and offers good risk to reward ratio..
Dhampur Sugar Flag breakoout !The stock has formed a good pole and flag part with decreasing volume : showing the accumulation happened and gave breakout yesterday with good volume. All this make it a perfect Flag(Pennant) pattern to take advantage of. Entry best possible rate, Stop Loss 228, Target 255.
Flag Breakout BuyThe stock has nicely formed Flag pattern and gave breakout with increased volume today. One can buy the stock with appropriate stop loss and look for a target in the range of 340 - 350. If we consider the Ascending Channel and its target also, the prices may climb up to 360 so one can continue with trailing stop loss. Wishing all profitable Trade !
Pennant Breakout DCB Bank LongThe stock has formed a beautiful Pennant and giving breakout now making the new high. One can buy the stock for the target of 170 providing the stop loss just low of today.
Marksans Pharma Pennant Breakout or Trap?I like to trade Flag(Pennant) pattern simply because it is relative smaller pattern so the holding period is less and risk to reward is mostly good. I've detected another pattern which looks promising as formed correctly fulfilling all the criteria. My only concern is its closing at the lower side forming a wick on double top zone. Is it an opportunity to enter cheap or a trap of a Supply Zone? Still I would take chance as small stop loss is affordable to me.
I would like to hear your views in this situation, please provide your valuable comments. Thanks!
Bharat financial Buy Pennant BreakoutThe stock is clearly in Bull's hand moving vertically. Pennant pattern has given breakout yesterday with increased volume. It looks very promising for trading as well as investing. Traders can book profit around previous High approx 925 by providing SL 840. Investor can expect at least 25% capital appreciation for their patience.
Pidilite Buy on Flag BreakoutThe stock has formed a nice Flag pattern and gave breakout today after 16 days of consolidation. I would trade it for a target of 705. Stop loss low of today on closing basis. Risk to Reward is only 1 but seems good probability of reaching target first.
Ascending Triangle/Flag Breakout Good trading opportunity in the stock exists. Ascending Triangle broken combining the Flag pattern and it seems that if has already shaken the weak traders today so upward journey may be smooth now. Buy now or or dips depending upon the risk taking capacity where stop loss of 39.20 suits to you. Target 43.50
Southbank Long Wolfewave and Flag The stock has given Flag breakout today and Bullish Wolfe wave is already in action therefore one can expect the price to reach around 23.50. Good risk to reward
GMRINFRA Flag Breakout !GMRInfra seems to have consolidated and trading now above the boundaries of Flag. It seems a good opportunity to buy at this level with SL just below the low of today Target 13.70 risk to reward 4.
GSPL Long Flag Breakout Flag pattern gave breakout today with good volume so one can consider buying the stock for the target of 168 - 174. Stop Loss 152 on closing basis.
Flag breakout Buy Prakash IndustriesThe stock moving vertically after giving the triangle breakout and formed a beautiful pole. The Flag pattern has given breakout with good volume after 5 days of consolidation. One can buy the stock for a target of above 75. One can even continue the stock as there is no resistance. Flags with upward breakouts do well at yearly high which is the case here.
LUMAXIND Flag breakout longPerfectly formed Flag pattern has given a breakout today. One can buy the stock for a target of above 1250 applying stop loss 1050(Closing Basis). The pattern formed at the year high level mostly performs better.
DLF Long entry breakout !The stock was in downtrend but it seems there was good accumulation and it is going up. The stock formed a good pole and flag. It is at good entry point now. One can buy it now or on dips wherever he feels the Stop loss at 122( on closing basis) is affordable. Potential Flag target in the range of 136 - 145.
Flag breakout with Volume RCFBeautiful Pole with vertical bars, 3 bars consolidation and breakout with volume all makes it a good trade-able Flag pattern. Enter on the dips(if it happens) or at the price level where stop loss of 54.5 is affordable for a target of 67.
