CREATIVE has become Active. Can it become Explosive?Creative Newtech Ltd (Formerly known as Creative Peripherals and Distribution Limited) is a distribution and marketing partner of Global IT, Imaging and Lifestyle brands catering to their distribution requirements through its omni-channel presence.
IT/Gaming Products: The Co offers a range of IT hardware products like printers, supplies (cartridges), PC components (monitors, hard disks, SSDs, graphics card, RAMs, Memory Card, High end gaming accessories), and storage devices offered by multiple vendors.
Imaging: The Co offers a range of cameras, tripods and other imaging products.
Lifestyle and security: This segment includes products such as TVs, headphones, projectors, grooming products and other lifestyle products and IT accessories.
Clients
The Co caters to the distribution requirements of a number of globally renowned brands such as AOC, GoPro, Honeywell, Olympus, Philips, Samsung, Transcend, Zeiss, Marvel, Panasonic among others.
B2B eCommerce Platform
The Co launched Ckart, an online marketplace, which hosts all the Co’s customers and channel partners and allows them to view, share and trade in their inventory of products. Value-added services such as drop-shipment and virtual e-store/microsite on the platform make the platform unique.
The Co is looking to onboard more clients in the contract manufacturing division leveraging the experience garnered through Honeywell collaboration. It plans to become the digital one-stop-shop for all its customers in the supply chain through the B2B platform Ckart.
FLAG
Tanla Platforms Flag BreakoutA Bullish flag and Pole breakout has been confirmed with very huge volume on the daily chart of NSE:TANLA .
Daily & Weekly RSI both are in bullish zone.
One can crete fresh position in NSE:TANLA at 1090 or below with a stop loss of Rs. 1028 for 1st target of Rs, 1172, 2nd Target of 1244 and 3rd Target of 1316
The risk to reward ration is 1:3
Exit the position if the stop loss triggered on DCB.
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I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
krbl- inverted H & S- min 40-50% swing tradingkrbl- inverted H & S- min 40-50% swing trading
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entry: 380
target:495
stoploss: 340
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more probability for bullish..
reload chart for clear view
an hour ago
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use desktop site.
reset chart size for clear view
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first use " + " in the chart, for zoom..
next rest chart for better view
USDINR | Make Or BreakSummary:
The USD/INR stock chart has exhibited a prolonged phase of long consolidation, indicating a period of relative price stability and indecision between the US dollar and the Indian rupee. This consolidation pattern often occurs after a significant price movement and suggests that market participants are assessing their positions before taking the next major directional move.
During this consolidation, a flag and pole pattern has emerged on the weekly time frame. The flag and pole pattern is a technical chart pattern that consists of a strong price rally (pole) followed by a sideways or slightly downward price movement (flag). This pattern is considered a continuation pattern, implying that the market will likely resume its uptrend once the consolidation phase is over.
Given the current setup of the flag and pole pattern, traders and investors should closely monitor the USD/INR price action to determine its potential future direction. A breakout to the upside of the flag could signal a continuation of the previous uptrend, indicating a potential rise in the USD/INR exchange rate. On the other hand, a breakdown to the downside of the flag might indicate a reversal, suggesting a decline in the USD/INR exchange rate.
It is important to be vigilant and wait for a clear and decisive breakout or breakdown from the flag pattern before making trading decisions. Technical analysis tools such as trendlines, support, and resistance levels can help identify potential entry and exit points based on the price action. Additionally, keeping an eye on fundamental factors that can impact the USD/INR exchange rate, such as economic data, geopolitical events, and central bank policies, can provide valuable insights to supplement the technical analysis.
Ultimately, the direction of the USD/INR exchange rate will depend on the prevailing market sentiment, economic conditions, and geopolitical developments at the breakout or breakdown from the consolidation and flag and pole pattern. Traders and investors should exercise caution and conduct thorough analysis before making any trading decisions.
TATACOMMTATACOMM is displaying a promising flag pattern, indicating a potential bullish move ahead. It would be beneficial to include this stock on your watchlist. I anticipate a favourable upward movement in the near future. It is advisable to set a stop-loss below the swing low, approximately around 1500.
UPL Wait for BreakoutUPL on Monthly longer time frame is creating multiple pattern on various charts.
Two significant pattern visible is Flag pole and Diamond pattern.
Hence it can breakout on either side
If breakout on upper side then target of 991 is expected
If breakout on lower side then target of 508 is possible.
currently good for trading the range unless breakout occurs and sustains on closing basis.
Bullish Rounding Bottom on Union BankA bullish Rounding Bottom Breakout pattern activated on the 4 Hour chart of Union Bank. One can create a fresh position in Union Bank at 79 with a stop loss of Rs. 74 for a target of Rs. 89.
Exit the position if the stop loss triggered on DCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME.
I AM EAGERLY WAITING FOR YOU COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.
Banknifty ( next week contract )Banknifty ( Next week contract )
More probability is there for " 44500 "
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For " long "
entry:44950
target: 45180 / 45500
stoploss: 44900
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For " Short"
entry: 44740
target: 44550
stoploss: 44950
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Enter only if market Breaks " S & R Zone "
"Yellow box" mentioned.
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wait for proper reversal and conformation.
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don't be aggressive.
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refer old ideas attached below.
You would not want to miss this pattern in Persistent!Persistent systems has been in strong bull run from 2020 to end of 2021.
Since 2021, the stock is consolidating and has formed a beautiful inverted head and shoulder consolidation as a flag of flag pole pattern
The stock might start a new uptrend above 5000. However, buying at top in such volatile market is risky.
Kindly trade as per your own analysis.
Flag Pattern Breakout in L&T 📊 Script: Larsen & Toubro
Key highlights: 💡⚡
📈 On 1 Hour Time Frame Stock Showing Breakout of Flag Pattern.
📈 Strong Bullish Candlestick Form on this timeframe.
📈It can give movement upto Breakout targets of 2525, 2565 and Final 2600+.
📈 Can Go Long in this stock by placing stop loss Below 2460 or last swing low.
APOLLOTYRE is looking good for a healthy returnAPOLLOTYRE got a pole flag breakout recently and it is having a good consolidation after breakout. It has a gap to fill at ~255 in daily chart which I think it would fill before going up again.
the target comes as ~422 in flag pole breakout target and the price has a resistance ~416, the selling pressure would be seen there.
It can also be a very good long term stock as the parallel channel top gives a huge return.
JAYSRETEA 150 ?we can see head and shoulder in this particular script, share is struggling to cross 130 area many touches there. after forming a flag and pole pattern we can see a break in this particular script target 150 as per harmonic thanks
FLAG PATTERN IN CIGNITI TECHNOLOGIESA flag pattern can be seen in cigniti tech stock. expecting an upside move.
this is for educational purpose only. take entry only after further confirmation from your side.
this is for educational purpose only. take entry only after further confirmation from your side.
this is for educational purpose only. take entry only after further confirmation from your side.
this is for educational purpose only. take entry only after further confirmation from your side.