PAYTM --DAILY CHART ---MAKE OR BREAK --FLAG PATTERN. 1. PAYTM seen triple bottom formation on Daily chart shown as circle 1,2,3 AT Strong support line around 625-630 level 2. Flag pattern seen on chart 3. previously trendline breakdown seen at 760-770 level and stock fall towards 625-630 , consecutive support form at 3 times at this level 4. Stock on daily...
After giving a CUP WITH HANDLE Breakout, it formatted a flag pattern consolidation. Today it's gave a Break-out. We can expect 8% UPSIDE with 3.5% DOWNSIDE Risk. Entry - 2020 SL - 1955 Target 1 - 2075 Target 2 - (2150 - 2180)
If the market beaks the flag pattern we can see a bullish trade. It has to take support of the previous resistance.
TVS Motor is in the formation of bullish flag chart pattern. 20 Period EMA is just below the current price act as a dynamic support. All important moving averages likes 20, 50, 100 & 200 are placed below the current showing that the uptrend is still intact. Flag pattern formation is going on and in this period RSI adjust from oversold to buying level
CIPLA | Channel + Flag breakout - Pleasant setup looks Potential for a 10% CMP : 1050 (Dip : 1020) SL : 980 Target : 1140 1:3 risk reward setup from dip
Flag pattern is formed and near resistance of breakout as well. Resistance and support lines are drawn on chart. Buy and sell when rounding pattern is complete and it starts handle of cup and handle. I will let you figure out the rounding pattern on chart by yourself.
Market Cap ₹ 1,013 Cr. Face Value ₹ 10 Stock P/E 26.3 Industry PE 22.4 Dividend Yield 1.68 % ROCE 20 % ROCE3yr avg 12.6 % ROE 14.8 % ROE 5Yr 9.70 % OPM 9.16 % OPM 5Year 7.83 % Promoter holding 56.9 % Pledged percentage 0 % Debt to equity 0.01
Flagpole+ cup and handle+ symmetric trianlge, iifl will beat manapuram in gold and in future might beat muthoot , currently very under valued with perspective of market cap can a multibagger in long term
RALLIS | Simple flag breakout - Potential for 25% short term CMP : 239 (Dip : 230) SL : 215 Target : 295 1:4 risk reward setup
A flag and pole Pattern Formed in hindalco After a Rally, After a Breakout You Can Expect a Good Move Again…
So Hindalco is forming a type of Rectangle with previous uptrend. This also a kind of flag and pole. Lets wait and watch what will happen..
HEROMOTOCO | Small flag + Trendline breakout - Potential for 25-50% CMP : 2860 (Dip : 2750) SL : 2650 Target : 3520, 4000 1:3 risk reward setup for first target
A Bullish Flag emeged in the daily chart. Entry, Traget and Stop Loss mentioned the chart itself. Stop Loss shoud be followed on Closing Basis.
sbin making flag and pole pattern on daily timeframe. which is very powerful for bull run in stock. after breaking 540 we can enter with stoploss 530 and target 565.
change of trend after long consolidation, we can see price also reclaimed 200 dma from now on following the trend may give good risk reward ,and we can see formation of flag pole so usually rally would be lenght of pole
Check the Previous data when they is a slow and study rally then it will have side ways market IF 39850 Market broken then we may can expect up move other wise it will in side ways so plz check the previous data Note : IT is Just my prediction and maket can happend any thing
Cup and hanlde +flag+ symmetric trangle sswl is market leader in steel strip wheels and every month sales are increasing can be a multi bagger
flag bullish , tgt would be length of the pole and stop loss would be placced just below the lower trendline