Looks like ADVENZYMES has bottomed out around 250 zone and stock has been making higher highs. It has formed a small pennant on daily chart. Above 313-314 looks good for upside level of 350-360 zone. Below 293 pattern failure.
as usual if positive break happens then stock going to rock. up to now there is no any negative sign in weekly chart
ERIS life science after hitting ATH at 833.6 currently consolidating in Daily timeframe. Possible pattern which comes close is the bullish flag. any dip to 730-710 can be added with stop at 660 targeting ATH and TSL Safe strategy is wait for breakout of Flag and add on retest of the trend line. Aggressive buy area 710-730 SL 660 Target 840/TSL
It is sometime hard to interpret a chart pattern because of the complexity.I am 23 years old might be having only few years of experience in the field of research but i have been studying technical analysis since i was 18.Today i am going to share some basic knowledge that i have learned in level-1 of Chartered Market Technician(CMT). ''Now some traders or analyst...
The stock has formed a beautiful flag pole and it seems to giving breakout today after 3 days of consolidation with low volume. One can buy the stock for good returns for a target of 1250 by providing the stop loss of 1148.
There is a potential BULLISH FLAG setup on Unitech Ltd. The price is finding support at around Rs. 6.30. If the price breaks out of the consolidation, we could look to take our proft at around Rs. 11.00 which is the exact hight of the Flag's Pole!
SUNTV has formed bullish flag on daily chart. Once it breaks out of flag pattern, then it can reach 920-950 zone. Below 794 will be pattern failure.
It is been observed on the hourly chart that the price action breaks above the consolidating flag pattern indicating a bullish move ahead tomorrow. Target: 1050 SL- 980
Buy PVR above 1369 upon the flag pattern breakout T1: 1390 T2: 1420 SL: 1356
It is been observed on the daily chart that the price action breaks above the down trending channel indicating a bullish move ahead. T1- 630 SL-610T
In Gail the upside move will be more clear only if 386's zone convincing get crossed but we are entering based on Breakout & the pullback from today's high ( 5 mins can't be posted here ), so with the same triangle logic entry. But for few the uncomfortable thing here is, it didn't cross the resistance zone ,so doubts will arise. When uncomfortable or doubtful...
Raymond chart was bullish for last few days & closed a bit above the previous high's of 810's. There are many aspects one can interpret this chart above : i) The ranging candle can be considered as Flag or Triangle depending on how you draw your lines & Not to worry, both are fine. ii) If you don't trade simple patterns, then you can consider this as simple...
Stock is an upward channel. Broke recent resistance and now is consolidating in a pennant formation. A break above should be into above 136, for targets towards the channel resistance unless any reversal indicated.
Dear all Bullisg Flag Pattern observed in Geojit (GEOJITFSL) Counter.. just sharing with you Details are mentioned in the chart , if i am wrong please correct me and appreciable Disclaimer: it purely my observation, Analysis and viewpoint ; Not a trade Recommendation
Everything in chart Weekly chart: Rounding bottom breakout done already. ADX: above 30 indicating strong trend.
keep tight SL around 509-508 book some profits around 554-555 and then final target around 594 as per flag pole. buy if opens positive around 530.
Everything in chart. Go long only on a good volume breakout in this 15min chart. Good luck.