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"ADSL Flag Pattern Breakout: A Promising Trade Opportunity"🚀 Get ready for a potential breakout on ADSL! 🚀 On August 28th, 2023, we laid the groundwork for an exciting trade opportunity as we analyzed the ADSL stock. Today, we have an update that could lead to significant gains. Key Points: 📈 Flag Pattern: ADSL has been forming a flag pattern on its daily chart, indicating a period of consolidation after a strong uptrend. This pattern often precedes a breakout, making it an excellent setup for traders. 🚀 Breakout Imminent: The flag pattern suggests that a breakout may be just around the corner. This breakout could propel ADSL to new heights. 📊 Entry Price: Consider entering the trade at ₹136.00. This level offers an attractive entry point as we anticipate an upward price movement. ❌ Stop Loss: To manage risk, set a stop loss at ₹125.00. This level will protect your investment in case the trade goes against you. 🎯 Target Price : Our target is set at ₹180.00, reflecting the potential upside that the breakout could bring. This level represents a profit-taking opportunity. 📉 Risk to Reward: With an entry at ₹136.00, a stop loss at ₹125.00, and a target at ₹180.00, the risk-to-reward ratio for this trade is approximately 1:2. This means that for every unit of risk you take, you have the potential to gain two units if the trade goes as anticipated. 📆 Trade Strategy: Keep a close eye on ADSL, and be prepared to act swiftly when the breakout occurs. Remember to adjust your stop loss as the trade progresses to lock in potential profits. This trade idea provides a simple yet detailed plan for capturing potential gains in ADSL, with a clear risk-to-reward assessment. Stay vigilant and seize the opportunity when the breakout occurs. Happy trading! (Note: Remember to do your own research and consider your risk tolerance before executing any trade. Trading involves risks, and past performance is not indicative of future results.) 📈💼🧐
NSE:ADSLLong
by We_Learn_Investing
Weely Flag BO in EIH HotelsA bullish falg and Pole Pattern structure is confirmed on the Weekly chart of NSE:EIHAHOTELS Actually it was confirmed Last week onlybut i missed it. But still the Risk and reward is still favourable. So one can buy the scrip at cmp of rs 320 or below with a stop loss of rs 205 for targets of rs 235/250/265 Exit the position if the stop loss is triggered on WCB. DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME. I AM EAGERLY WAITING FOR YOUR 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.
NSE:EIHOTELLong
by raigvivek
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.
NSE:CREATIVELong
by CannySunny
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. 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.
NSE:TANLALong
by raigvivek
2
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.
by iamrk7
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.
BSE:UNIONBANKLong
by raigvivek
2