Flagbullish
Bullish Flag Pattern Daily chart analysis of Maruti Infrastructure Ltd. showing price has formed bullish flag pattern as a bullish signal, suggesting that the price is likely to resume its upward movement after the consolidation phase.
This may be use as opportunity to enter long positions or add to existing positions in anticipation of higher prices.
Note for everyone who came across this reference:
This chart analysis is only for reference purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
intraday, swing, short term; min 70% returs
add this to your watchlist and wait.
midcap stocks are going to boom.
long term investment; min 70% return
huge potential is there.
investment ;
if you are intrested in investmet, go for it with small risk,
more possibility is there for breakout.
entry-358
target-568
Continuation Diamond and Flag Pattern formation On Daily Chart two patterns has been noticed recently in CANFIN HOMES: Continuation Diamond (Bullish) and Flag (Bullish)
Continuation Diamond (Bullish) - explanation
The script canfinhome previously experienced a period of consolidation where the price moved within a specific range. However, the price has now broken out of this range in an upward direction, indicating that the previous uptrend is likely to continue. This breakout occurred after a pattern of higher highs and lower lows, followed by a narrowing of the trading range. This pattern is known as a broadening formation or a diamond pattern, and its upward breakout confirms the continuation of the previous uptrend.
Flag (Bullish) - explanation
The script canfinhome has recently experienced a strong upward movement, and although there was a temporary pause, the price is now continuing its upward trend at a rapid pace. This pause is often seen in a bullish Flag pattern, which is a pattern that occurs during a strong market rally. This pattern is characterized by two parallel trend lines that typically slope downward in the opposite direction to the prevailing uptrend. The bullish Flag pattern is confirmed when the price breaks through the upper boundary of these trend lines, indicating that the upward movement is likely to continue.
Conclusion:
downtrend looks minimal before reaching resistance.
Note for everyone who came across this study:
This chart is only for educational purpose.
This is not buying or selling recommendations.
I am not SEBI registered.
Please consult your financial advisor before taking any trade.
Kirloskar Ferrous FlagnPole breakout Kirloskar Ferrous FlagnPole breakout
Can look for tp of 400-450
Disclaimer : only for learning and educational purpose
TRENTTRENT made flag n pole pattern on an hourly charts with good volumes, although, it hadn't broke out of it yet.
Safe traders could wait patienty to break above 1364 then enter with mentioned stop & target.
Aggressive traders can buy here add on dip or add more above breakout with mentioned stoploss & target.
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.
BULLISH FLAG PATTERNEducation
Bullish Flag Pattern
This pattern is a bullish continuation which suggests further bullish rally.
It helps traders where they can decide for bullish continuation and extended rally, the Bullish Flag Pattern should be formed with the existence of bullish trend.
The break of the resistance from the drawn pattern is a sign for preparation of bullish setup, and price should not retrace more than 30% of the trend.
LONG- GRANULES 1D TFGRANULES INDIA is forming flag and pole pattern and now gave the breakout from the flag with good volume on 1D TF.
Pole formed from March 2020 to Nov 2020, and since then it is consolidating in the flag portion till SEP 2020.
Recently after consolidating at top of flag resistance for 80+ days (50+ bars) it has given breakout on 30th SEP 2022 with good volume.
If market doesn't falls aggresively in next fews days, this can be a good swing trade.
Target- 395, 437, 540
SL- 295