Flagandpole
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
NATCOPHARM - FLAG AND POLE FORMATION IN PROGRESSHi All,
This idea is extension of existing idea on Natco Pharma which formed Cup and Handle
Interestingly the price action has formed a FLAG AND POLE formation with price action getting tighter & tighter with shrinking volume.
Flag Breakout may happen anytime soon & till then investor is advised to be patient.
Results are also expected & so market might be waiting for some earnings surprise
Thanks,
Stock-n-Shine
BEPL : Breakout Candidate (Holding 1-3 Months)#BEPL #Swingtrading #trading #patterntradinng #chartpattern
BEPL : Positional Trading (Holding 1-3 Months)
>> Breakout Stock
>> Monthly Cup & Handle Breakout
>> TWS + Flag pattern + FVG Visible on daily
>> Trending Stock in Momentum
>> Good Strength & Volumes Recently
>> Big Player Entered in stock
Swing Traders can lock 10% profit & keep trailing
Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following
Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Suzlon is ready to DOUBLE from here !Suzlon has created a double positive chart pattern
1. Flag Pattern - Breakout Done
2. Rounding Bottom - At Breakout area.
Flag pattern has a pole of 40 points which make the target of 94 - It has already broken out from the Flag pattern.
Rounding Bottom its almost there breakout is above 56. Once this is crossed it will start its journey towards 104 level.
Long term View!!
Bullish Flag Breakout in SJVNIntroduction:
SJVN Limited, a Mini Ratna, Category-I and Schedule –‘A’ CPSE under administrative control of Ministry of Power, Govt. of India, was incorporated on May 24, 1988 as a joint venture of the Government of India (GOI) and the Government of Himachal Pradesh (GOHP). SJVN is now a listed Company having shareholders pattern of 55.00% with Govt. of India, 26.85% with Govt. of Himachal Pradesh and rest of 18.15% with Public. The present paid up capital and authorized capital of SJVN is Rs. 3,929.80 Crore and Rs. 7,000 Crore respectively. The Net Worth as on 31.03.2023 is Rs.13821.97 Crore.
Analysis
A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:SJVN
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs.78-81 levels with the stoploss of Rs. 70 on weekly closing basis for the following targets 85.15, 89.25, 96.05, 100.15,
105.65,111.50 and 116
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag Breakout in CSB BANKHi,
NSE:CSBBANK has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
#Astral is getting the heat of the moment # SuperChartzKey Level:
Support: 1950
Resistance: 2099, 2199, 2250
Key Drivers:
Astral Poly Technik Ltd, founded in 1996, is a major player in India's plumbing and adhesive industries. It pioneered lead-free PVC pipes and expanded into adhesives through acquisitions. The company's diverse product range includes plumbing systems, adhesives, water tanks, faucets, and paints. With manufacturing facilities in multiple countries and a robust distribution network, it has a strong presence both domestically and internationally. Recent expansions into faucets, sanitary ware, and paints highlight its growth strategy. Astral Poly Technik Ltd maintains a focus on brand promotion and plans for continued expansion, supported by healthy financials and strategic acquisitions.
Mr. Engineer is also ready to enjoyIntroduction: Engineers India Ltd (EIL) is a leading global engineering consultancy and EPC company. Established in 1965, EIL provides engineering consultancy and EPC services principally focused on the oil & gas and petrochemical industries.
Today, EIL is a‘Total Solutions’engineering consultancy company providing design, engineering, procurement, construction and integrated project management services from ‘Concept to Commissioning’ with highest quality and safety standards. EIL’s QMS, OHSMS and EMS are certified to ISO 9001, ISO 45001 and ISO 14001 respectively.It also provides specialist services such as heat and mass transfer equipment design, environmental engineering, specialist materials and maintenance and plant operations and safety services.
EIL’s technological excellence is driven by more than 2400 engineers & professionals in a competent employee base of over 2800 employees as on March 31, 2021. The availability of technical resources per annum is about 4.5 million man-hours in EIL’s design offices along with1.5 millionman-hours of construction management services.
A Weekly Bullish Flag and Pole pattern is visible on the charts of NSE:ENGINERSIN
It may face some challenges near 13 year long falling trendline region but it break it out surely.
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily chart and Monthly chart and on weekly chart, it is expected to move towards the positive territory. So, expecting the momentum to continue.
One can look to create a fresh position in the scrip near Rs. 237-247 levels with the stoploss of Rs. 220 on weekly closing basis. The 1st target will be 161.25 , 2nd target will be 174.60, 3rd target will be 188.60, 4th target will be 202.20 and the fifth and the final target will be 215.70
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag Pattern BO in TORRENT POWERIntroduction:
Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 21500 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
Subsidiaries and Joint Ventures
TORRENT SOLARGEN LIMITED
JODHPUR WIND FARMS PRIVATE LIMITED
LATUR RENEWABLE PRIVATE LIMITED
WIND TWO RENERGY PRIVATE LIMITED
TCL CABLES PRIVATE LIMITED
TORRENT SOLAR POWER PRIVATE LIMITED
TORRENT SAURYA URJA 2 PRIVATE LIMITED
TORRENT SAURYA URJA 3 PRIVATE LIMITED
TORRENT POWER GRID LIMITED
UNM FOUNDATION (FORMERLY KNOWN AS TORNASCENT CARE INSTITUTE)
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of $NSE:TORNTPOWER. The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 806-816 levels with the stoploss of Rs. 785 on Daily closing basis for the following targets 826.10, 839.50, 851.55, 864.25, 878.15, 892.35, 908.15 and 929.60.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Bank Nifty created pattern will it work or not?
As chart shows a flag pattern has been formed in 30 min time frame and also bank nifty traded tightly today. which conclude that this range can burst out either bullish or bearish.
Another thing to notice a bullish wick reversal candle has formed which gives a hint for bullish side strength into bank nifty
May be a gap opening for tomorrow also expecting a trend day or more tight range day. Trade on retest only avoid flase breakouts
Resistance : 45600, 45800-900
Support : 45400, 45139
Note : Do your own analysis before making any trading decisions.
Technical Analysis for NIACLStock Name: NIACL
Timeframe: 1D (Daily)
Chart Pattern: Flag and Pole
Trade Duration: Swing Trade (3 months)
Volume: Good volumes, indicating market interest.
Trade Strategy: Buy on current market price (CMP).
Stop Loss: ₹210 for risk management.
Target: ₹332 for potential profit.
Risk-Reward Ratio: Favorable.
Daily Bullish Flag Pattern BO in CARYSIL LTDIntroduction:
The Acrysil Group was founded in India in 1989, by Ashwin M. Parekh. We produced our first kitchen sink with a technical collaboration with Schock & Co., Germany - an established world leader.
30 years later his son, CMD Chirag A. Parekh, has lead Acrysil into becoming one of the largest producers of quartz kitchen sinks in the world, under its brand Carysil.
In addition to being one of the world leaders in producing sinks, Carysil’s global experience, and expertise have naturally lead us to diversify into other kitchen products. We now produce stainless steel sinks, faucets, food waste disposer units; and kitchen appliances such as hobs, cooktops, ovens, wine chillers and dishwashers.
Presenting the world's first 100% green sink manufactured using environmentally friendly materials. It is a bio coated quartz sink with materials such as spinach, sandal, turmeric, beet root and more. The natural fibre is recycled resin.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:CARYSIL .
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 855-875 levels with the stoploss of Rs. 785 on Daily closing basis for the following targets 896.10, 919.20, 946.45, 966.75, 989.15, 1001.95, 1029.15, 1045.85, 1068.10,1083.55 and 1098.10
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag Pattern BO in HEUBACH COLORANTSIntroduction:
The new Heubach Group brings together two of the industry’s leading color innovators – Heubach and Clariants’s Global Colorants Business. With a tradition of delivering excellence that stretches back over 200 years, the Heubach name is synonymous with innovation, attention to customer needs and reliability in creating colors.
Today’s Heubach is a global industry leader with one of the world’s most complete portfolios of organic, inorganic and anti-corrosive pigments, pigment preparations, dyes and specialty materials for various applications. With a global manufacturing footprint including 19 facilities around the globe, Heubach is committed to a reliable supply of high-quality materials to meet customers demanding production environments. Sustainability is a part of the Heubach DNA.
We deliver industry leading, best-in-class and sustainable color solutions to brighten the lives of our customers, wherever they are.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of $NSE:HEUBACHIND. The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 515-525 levels with the stoploss of Rs. 500 on Daily closing basis for the following targets 539.45, 557.25, 569.05, 581.15, 602.30 and 319.10.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag pattern BO in MRPLIntroduction:
Mangalore Refinery and Petrochemicals Limited (MRPL) is a Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas. MRPL is located in beautiful hilly terrain, north of Mangaluru city, in Dakshina Kannada District of Karnataka State (India). The 15.0MMTPA (Million Metric Ton per annum) Refinery has got a versatile design with complex secondary processing units and high flexibility to process Crudes of various APIs, delivering a variety of quality products.
MRPL's Refinery is capable of producing almost a full range of petroleum products like Naphtha, LPG, Motor Spirit, High-Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulphur, Xylene, Bitumen along with Pet Coke and Polypropylene.
MRPL's 440 KTA Novolen gas-phase Polypropylene Plant using Zeigler Natta catalyst is capable of producing the complete range of homopolymer grades.
MRPL operates an Aromatic Complex, a petrochemical unit capable of producing 0.905 MMTPA of Para Xylene and 0.273 MMTPA of Benzene. This Aromatic Complex is situated in the Mangalore Special Economic Zone (MSEZ) and is fully integrated with MRPL.
MRPL has Two Captive Jetties in NMPT, Single Point Mooring Facility, While Oil Loading Facility, Rail Wagon Loading Silo for Petcoke, and Truck Loading Silos for Petcoke. MRPL is having Marketing Infrastructure Depots in Kasargod (Kerala), Hindupur (AP), and Hosur (TN).
Shell MRPL Aviation Fuels and Services Limited (SMA) is a 50:50 joint venture between MRPL and Shell Gas B.V. (Shell), a step-down subsidiary of Royal Dutch Shell Plc, Netherlands markets aviation turbine fuel (ATF) to airlines, both domestic as well as international carriers. SMA currently procures ATF from MRPL Refinery Complex and supplies at various airports like Bengaluru, Goa, Mangalore, Hyderabad, Chennai, Calicut, Madurai, Trichy, Coimbatore, Kannur, etc. SMA enables Indian carriers to fuelling requirements across International Airports.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:MRPL .The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 115-118 levels with the stoploss of Rs. 109 on Daily closing basis for the following targets 121.15, 125.25, 129.05, 136.15 and 141.85.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag Pattern BO with Big VolumeIntroduction:
Inox Wind Energy Limited was incorporated on March 6, 2020 under the Companies Act, 2013 with the objective of engaging in business of generation and sale of wind energy, providing services for Erection, Procurement and Commissioning (EPC) of wind farms and holding strategic business interest in Renewable Energy. The Registered Office of the Company is situated at ABS Tower, 3rd Floor, Old Padra Road, Vadodara -390007, Gujarat.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of $NSE:IWELwith huge volume .The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 3320-3350 levels with the stoploss of Rs. 3120.95 on Daily closing basis for the following targets 3450.15, 3557.25, 3621.05, 3725.15, 3829.60, 3960.05, 4040.95,4160.25 and 4240.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Dabur Flag & Pole Pattern Jackpot Dabur Flag & Pole Pattern and double bottom double confirmation Jackpot view on daily tf
can look for first tp of 600 and final tp of 650-660
with stop of 538 on daily closing basis
Risk reward ration will be 2.52
dc : only for educational purpose
kindly support me with your like and follow for these kind of strategies and analysis
it help me to motivate