WELSPUNIND | SWING TRADE | BULLISH MOMENTUMWELSPUNIND | SWING TRADE | BULLISH MOMENTUM
CONFIRMATION FACTORS
1) Pole and Flag formation
2) 20/200 EMA Crossover
3) Market structure breakout and good consolidation happening
Flagandpole
JSWENERGYJSWENERGY:- Pole and flag pattern is formed or parallel channel can also be called, wait for breakout
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
KARUR VYSYA : FINALLY THE WAIT IS OVER NOW.... Pole and Flag Break out pattern seen in Karur Vysya Bank, that to in an Uptrend. On a long run to make another life time high after Sep 18, 2017 . Strength of 6 years will not go in vain so easily as this stock is currently in hot list of all big players with
One of the least PE of 3.47 only in the industry
One of the lease PB Ratio of 0.91 only in the industry
and Consistently increase ROE of 13.60%
A 100% buy signals from my view. But please do your own analysis before investing into this stock. This view is only for educational purpose and hold no BUY or SELL call tip. However , I have marked the probable targets and Stop Loss on the chart for better understanding.
Good Luck !!
Kirloskar Ferrous FlagnPole breakout Kirloskar Ferrous FlagnPole breakout
Can look for tp of 400-450
Disclaimer : only for learning and educational purpose
M_M Great Opportunity - Long With Flag Pattern.M_M - Flag Pattern - Looks like a Great Opportunity.
With SL 1280, we can aim for 1700 target from current price..
Note: I'm not a SEBI registered & This is not a recommendation , this is only for education purpose, please do your own analysis before taking trade.
Balrampur Chini - Daily CMP 394Flag and Pole + Bullish Penant pattern.
Respecting the 50 MA line
Targets of 414-430-450 canbe achieved on breakout.
Keep SL below the demand zone or a closing below 50 MA line.
If breakdown, then short targets can be 380-368-360
Undercurrent is bullish.
*Always trail your profits.
*This is just a view, trade at your own risk.
Reverse Flag Pattern seen in Bank NiftyReverse Flag pattern formation is seen in Bank nifty today.
Flag Pattern basically in simple language a figuratively a pole and flag - drawn on the chart, either straight or reverse.
How does a flag pattern matters in trading? Flag patterns signify trend reversals or breakouts after a period of consolidation. So the important point to note is Bank Nifty is trading at all time high vs Nifty is not supporting in same way so chances of this reverse flag pattern break out are high. Even RSI is falling and on upper side, long can be seen only after crossing todays high.
As shown in the chart a retest to upper trend line can happen and reversal to take place, lets see how this works.
Disclaimer : Views, Videos and Presentations or any information shared in this channel are only for EDUCATIONAL PURPOSES and are not intended as any investment advice. Accuracy cannot be guaranteed on any information/data/facts provided. While taking any trade please do your own research and trade with your own risk management and responsibility. Please invest your money under the guidance of SEBI Registered Financial Analysts only. We are not not responsible for any decisions taken by you and subsequently leading to any profit or loss incurred by you.






















