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
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.
DABUR INDIA LTD - Forming Reverse Flag PatternDabur India Ltd is forming a Reverse Flag Pattern and it is about to give a breakout at 528.
Based on the pattern, one can enter around 528 after the breakout and target can be set around 487 with Stoploss of 540.
This gives us risk to reward ratio of 3.3. Pattern is forming on hourly chart.
Disclaimer:
This idea is only for education purpose, Please consult your financial advisor.
I am not SEBI registered.
BANKNIFTY INTRADAY (11/05/2023)For weekly contract (11/05/2023)
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entry: 43200
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if there is possibility for bullish--
target-43500-43750
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If down trend starts
t1-43000--t2-42750
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after breaking yellow box mentioned
trend will be confirmed.
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for option writers breakeven ranges will be..
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( 43500-42500)
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.
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refer old ideas posted
PAYTM - Short TermThis is only for very short term.
Purely Technical call.
If it sustains above 608 on hourly chart, the targets are very much possible.
My strategy : I feel Nifty50 is still bearish (may be another few months) and will looks for quick momentum rally stocks. Low risk with a tight Stoploss and cream out with 5-8% returns quickly.
STOPLOSS is the key. Keep it as per your risk appetite and trail the Stoploss once the trade is active.
Flag Pattern In the context of technical analysis, a flag is a price pattern that, in a shorter time frame, moves counter to the prevailing price trend observed in a longer time frame on a price chart. It is named because of the way it reminds the viewer of a flag on a flagpole.
The flag pattern is used to identify the possible continuation of a previous trend from a point at which price has drifted against that same trend. Should the trend resume, the price increase could be rapid, making the timing of a trade advantageous by noticing the flag pattern.
Script= M&M
Time Frame = 1 Day