BALAXI formed 1 year flag and pole pattern, with excellent risk reward ratio - 6.23. Entry at 515-530. T1 - 600, 700, 750. SL - 499
1. Flag & Pole pattern formed after rally of 33%. 2. Only index to close in green on 17-12-21, where remaining indices were down by at least 2% on average. 3. However wait for clear breakout o 20-12-21 from Flag & Pole pattern to build positions. 4. Market bearish is a serious concern.
DLF (Daily) - Bullish Flag 4th wave seems to be ending, making way for the 5th wave Stochastic 14,3,3 is in positive crossover +DI has just gone above the -DI in the Directional Movement Index (DMI) indicating the start of an uptrend However before going long / buying, wait for the following to become a reality: (1) Breakout of the resistance line (drawn in...
Indian Energy Exchange (IEX) - Daily Flag breakout - 4th wave flag/triangle seems to have ended and it is the start of the 4th wave MACD in the daily wave and weekly tide is uptick RSI is well above 60 in the overbought zone Stochastic 14,3,3 is in positive crossover +DI is above -DI and the ADX is above 15 in the Directional Movement Index (DMI) Seems to be...
Stock has formed a bullish flag pattern on weekly chart. A positive breakout equivalent to length of flag may be expected. Weekly RSI does offer potential of a positive breakout as it is not yet overbought. RSI on monthly chart however is slightly below overbought zone at 78.59. Thus, we shall expect limited upside
The stock is seeing flag and pole pattern breakout seen on daily timeframes Momentum and trend indicators showing bullishness n short medium and long timeframes weekly showing good volumes too.Daily window Gap support exit at 463 levels that could be Stop loss for swing/positional or FIB retracement 23 also could be used for same purpose if aggressive.
1. Flag and pole pattern is clearly seen in the chart. 2. Today on 10th of november it breaks out the flag with a good bullish candle having good volume, higher than 21 day average. 3. Now it may give a retest in before picking up the momentum or continue with no retest. So it is good to enter in the stock now , and add more on the time of retest : Entry ...
Flag - continuation pattern bullish signal strong prior uptrend SL- 638 TGT - 756
Bitcoin projected targets are 80k as per both of my theories:- 1st THEORY- FLAG & POLE - Widely used Flag Pole is basically plotted to guess further targets when an asset is at ATH . Bitcoin went into consolidation and formed a slant flag after a huge rally, here the rally is considered as a pole. So we just draw a trendline from the bottom to the top of the rally...
BINANCE:BTCUSDT is forming flag and pole pattern on multiple time frame ... for reference, you can check this 3hrs time frame. All the levels are mentioned in the chart. Note : For educational purpose only
It seems like AARTIIND has been printing the flag & pole formation on a constant basis. As of this point, we could wait for a consolidation in the area of 970-1025. If we get a consolidation, it would be a good area to buy it for longer time frame in mind.
Not Sure if this is multiple Flag and Pole Pattern: Volume Looks like after 2 Consecutive breakouts there are days of consolidation where volumes are low. Mahindra in coming days could touch its all time high. Festivals + Outlook + News suggest so.
MCX Flag and Pole breakout in 1W timeframe. It has also broken Horizontal Resistance. If it sustain above 1810 can expect bullish movement.
Flag and pole breakout in SUNPHARMA. Wait for retracement to enter.
Keep it on radar. Flag pattern has formed. Can Buy after breakout.
Bajaj Finance Ltd. formed a Flag and Pole formation on a daily time frame. Details are given in the chart itself. View it in detail. Target 1: 750-770 points Target 2: 1450-1500 points on the upside. The downside level of 7000 will act as psychological support for the price.
HDFC is ready to give a fresh breakout. Details are given in the chart itself.