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Flagandpole

Technical Analysis for Hindustan Aeronautics Limited (HAL): Technical Analysis for Hindustan Aeronautics Limited (HAL): Trade Type: Swing trade Key Levels: Last Support: Holding strong support Trendline Breakout: Confirmed Reversal: Bouncing off the 200 DEMA Nearby Fib Level: Close to the 61% Fibonacci retracement level Entry Strategy: Good risk-to-reward setup Stop Loss (SL): ₹3896 Targets: Target 1: ₹5655 Target 2: ₹6664 Monitor price action and volume closely for confirmation. Adjust stop loss and strategies as the trade progresses. #HAL #TechnicalAnalysis #SwingTrade #TrendlineBreakout #Fibonacci #StockMarket #TradingStrategy #RiskRewardRatio
NSE:HALLong
by hunterhunt777
GMR INFRA By KRS ChartsDate: 23rd July 2024 Time: 8:13 PM Why GMR INFRA? 1. Despite under 100 Rs Stock , GMR INFRA is continuously in Uptrend for bigger time frame too. 2. Here, we can clearly see that price action has made Flag & Pole Chart Pattern and Breakout too and today it retests the resistance line and sustained those levels. 3. For more support 100EMA is right underneath of recent low as we can see in chart. After all, above points denote that GMRINFRA is BUY from current price for 112 Rs. of Target with SL of Recent low ~88 Rs.
NSE:GMRAIRPORTLong
by KRSCharts
3
Getting Accumulated Making A Flag and PoleNSE:INDIACEM is getting Accumulated and Making Flag and Pole Patterns a Breakout on the Upside we see a Swift Swing Trade. Keep in Radar. Check out my other stock ideas below until this trade gets activated, I would love your feedback. Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
NSE:INDIACEMLong
by Karanshah137
MANKIND -Flag and Pole -Daily - Breakout **Mankind Pharma Ltd.** shows a clear **flag and pole pattern**, indicating a potential continuation of the uptrend. Here's a breakdown of the technical analysis: ### Key Observations: 1. **Flag and Pole Pattern**: - The pattern consists of a sharp upward movement (the pole) followed by a consolidation phase (the flag), forming between parallel lines. - The breakout above the flag pattern suggests a bullish continuation, with a price target typically equal to the length of the pole added to the breakout point. 2. **Target Price**: - The length of the pole is measured at **660.85 points (34.81%)**, and applying this to the breakout level a target near **3,217 INR**, as marked on the chart. 3. **Volume Confirmation**: - The breakout has been accompanied by an increase in volume, confirming the validity of the upward movement. - Higher-than-average volume during breakouts adds credibility to the bullish scenario. 4. **Support Levels**: - Near-term support lies at **2,559 INR**, followed by a stronger support zone around **2,372 INR** if there’s a pullback. 5. **Resistance Levels**: - Immediate resistance is expected near **2,665 INR** (recent high), with the next target at the calculated level of **3,217 INR** based on the flag and pole projection. ### Conclusion: This chart suggests a bullish outlook for **Mankind Pharma Ltd.**, with potential for further upside as the flag and pole pattern points to a target of around **3,217 INR**. Traders may want to watch for price action around current resistance levels and ensure volume continues to support the move. Would you like any further analysis on this?
NSE:MANKINDLong
by VCharts_TA
HEROMOTOCO - Flag and Pole - Breakout -DailyHEROMOTOCO - Flag and Pole - Breakout -Daily Name - HEROMOTOCO Pattern - Flag and Pole Timeframe - Daily Status - Breakout Volume - Good Cmp - 5578 Target - 7145 SL - 5266 Pattern : Flag and pole The flag and pole pattern is a popular technical analysis tool used by traders to identify potential continuation of a trend. Here’s a breakdown of its components: Flagpole: This is the initial sharp price movement, either upward or downward. Flag: Following the flagpole, the price consolidates in a small range, forming a rectangular shape that resembles a flag. Key Characteristics: Continuation Pattern: It indicates that the prevailing trend is likely to continue after the consolidation phase. Volume: Typically, the volume decreases during the flag formation and increases again when the price breaks out of the flag. Trend Direction: The pattern can be bullish (upward trend) or bearish (downward trend). Fundamental ratios: Here are some key fundamental ratios for Hero MotoCorp Ltd. (HEROMOTOCO): Profitability Ratios: Return on Equity (ROE): 18.5% Return on Capital Employed (ROCE): 22.3% Net Profit Margin: 10.4% Valuation Ratios: Price to Earnings (P/E) Ratio: 19.2 Price to Sales (P/S) Ratio: 2.75 Enterprise Value to EBITDA (EV/EBITDA): 19.18 Solvency Ratios: Debt to Equity Ratio: 0.05 Current Ratio: 1.5 Efficiency Ratios: Asset Turnover Ratio: 1.2 Inventory Turnover Ratio: 5.3
NSE:HEROMOTOCOLong
by VCharts_TA
IOC - Flag and Pole Pattern - Swing TradeThe stock has formed flag & pole pattern on the weekly chart. One can enter above 186 with a strict Stoploss of 163 Target 1 - 220 Target 2 - 240 Target 3 - 269 #SWING / LONGTERM TRADE #FUNDAMENTALLY STRONG STOCK What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:IOCLong
by JJJ-555
ITC Flag & Pole patternThe stock has formed flag & pole pattern on the monthly chart. One can enter above 511 with a strict Stoploss of 422 Target 1 - 599 Target 2 - 640 Target 3 - 697 All levels are mentioned in chart. #LONGTERM TRADE #FUNDAMENTALLY STRONG STOCK #ITC What is your view please comment it down and also boost the idea this help to motivate us. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:ITCLong
by JJJ-555
Multipattern Analysis on IDFC First Bank!NSE:IDFCFIRSTB Analysis! Multipattern Analysis on $NSE:IDFCFIRSTB! Analysis on a Weekly Timeframe! Analysis: I have done the overfall analysis of IDFCFIRSTB since its inception. It looks very complicated but if you know all the patterns it is just like anything. I have combined all the patterns with the Support and Resistance Trendline. Don't get confused. Read the chart thoroughly and you'll get a better idea of where to enter and where to exit. As you can see in Chart 3 most important reversal patterns are there. 1) Triple Bottom Pattern 2) Double Bottom Pattern 3) Inverted Head and Shoulders Pattern Now the price is moving in a parallel channel but we can see the Flag and Pole Pattern Formation is going on. Aggressive investors can enter at current price levels as the price is above 50EMA. But my suggestion would be to enter only after the upside channel breakout. Trade Setup: Entry= Current levels are good for aggressive investors. Conservative investors can enter after Flag/upper channel breakout Target= Nearest Possible Target would be 100.70(New All-Time High Level) Stop Loss= Below 75.66 Disclaimer = Consider my analysis for Educational Purposes only. Before entering into any trade - 1) Educate Yourself 2) Do your research and analysis 3) Define your Risk to Reward ratio 4) Don't trade with full capital
NSE:IDFCFIRSTBLong
by Avinash9087