Tata motors has created a good flag pattern, the height of the pole is 500 points, Today - 25th July it has given a breakout from the pattern. Tata motors will hit 1500++ levels due to Flag pattern breakout out.
I had earlier shared quickheal as a reversal trade which gave big move. Now, stock has formed a flag post breakout of ATH and is ready to blast. Please note that stock is overvalued and hence, trade might be risky. A small correction in broader market can make this stock to fall quickly. Do book profits as targets get hit.
Tata consumer has given good breakout after a decent flag consolidation. Stock can fly towards ATH and also make a new ATH soon. Keep in watchlist. Amazing risk reward at CMP and relatively safe stock for long term.
JKPaper has been trying to break 410 levels . Stock has formed inverted head and shoulders pattern as a flag. Above 425 DCB, breakout will be confirmed. Levels mentioned on chart If you like my analysis, please like it and follow me for more such trading ideas.
Nifty was moving in a parallel channel for almost 6 months, last week it tested the bottom channel as well it tested and broke out on the upper level channel on a daily chart. In 30 mins chart Nifty has created a 1200 points Flag pattern and has also given a strong break out as well!! Accorinding to the flag pattern Nifty can hit 24K level soon !
KNRConstruction is an undervalued infra theme stock which is looking strong on chart. It has given a flag breakout and above its ATH, it has potential to fly. Q4 results of stock are amazing and it can fuel the rally. Keep in watchlist. Not a recommendation
Lupin has given good flag breakout today. A weekly closing above 1700 will confirm the same. ATH should be minimum target once breakout is confirmed. Stock has been in a big bull run since 2023 and looks ready for newer ATH. Pharma stocks have risk of negative US FDA observations impacting the stock prices.
Jupiter wagons has been one of the multibagger stock from railway theme. Stock has given 5x returns in less than a year. Stock has recently cooled off and now looking ready for another wild move. Risky traders only should enter such stocks with less quantity since such stocks get locked in lower circuits as well. Are you ready to catch this explosive stock? Do...
ABCapital which is the finance company of Aditya birla group is available at an amazing valuation. Stock has given a flag breakout last week with volumes and on road to complete its rounding bottom pattern. If the stock breaks out from pattern, we can see an amazing rally of around 50% in the stock. If Nifty Bank crosses 48000 next week, this stock should move...
Key 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....
Canara Bank on verge of breaking down inverted flag pattern. On breakdown, one may consider shorting. This is not an investment advice.
IT stocks are looking quite bullish. Infosys was consolidating in a flag pattern whose breakout was given last week. A very good stock to buy for long term at an amazing price. From trading perspective, 1300 is a SL with targets of 1700, and then ATH levels. It is an FNO stock so big intraday moves shouldn't be expected. Idea sahared for educational purposes
DVL 1) Time Frame - Monthly. 2) The Stock has been consolidating since August, 2021 and has given a breakout with strong bullish momentum & Huge volume. 3) The stock will find resistance / profit booking zone around the price (940) in long term. 4) Recommendation - Strong Buy
Atul is one of the major stock of chemical sector which has been correcting since past many months. We have seen a reversal in chemical stocks and similar reversal pattern is visible in Atul as well. A clear flag breakout in weekly TF is visible. Confirmation is above 7600 Stock can even touch ATH if the rally continues for an year. Keep this in watchlist.
APARINDS is readying for a huge flag breakout from horizontal channel. Bollinger Band Squeeze is primed for a explosive breakout.
Modification in UCO Bank Analysis FLAG AND POLE PATTERN FORMATION IN UCO BANK FLAG Breakout in UCO Bank Uco Bank made Flag and Pole pattern in Weekly Timeframe But price is still trading inside rectangle(Flag). We have to wait till the price to go up and break the upper side of Flag. If it successfully breaks and closes above 28.55. Then there will be a nice...
SONATASOFTW has broken out of a long flag on the upside and holding the level. Previously it broke out of a long cup pattern and never looked back. High Volume and High RSI.
Escorts Kubota has a picture-perfect chart all along. Notice the series of higher high with nice phases of consolidation from time to time. This shows that the bulls are strong and were just taking a breather before the start of an another upward move. Technically it is forming a higher high lower low structure which indicates that the stock is in uptrend and it...