multi patter tgt would be 1600+Cup and hanlde +flag+ symmetric trangle
sswl is market leader in steel strip wheels and every month sales are increasing can be a multi bagger
Flagbullish
APPOLLOW TYRES FLAG BREAKOUT ANALYSIS 01.09.2022BUY :219 TO 210
TARGET : 357 TO 366
Reason For Selling This Script :
In this script it has broken the flag pattern in monthly time frame. Now price has to retest the . Try to accumulate at every dip.
Note :
Above given levels are based on monthly & weekly time frame . So be patience it will take some months to achieve the target.
ALL THE BEST ..
BULLISH on SBINNSE:SBIN
The prices have given the breakout from the flag pattern on the 4 hour charts. Previously the stock gave the breakout from a triangle pattern and after that now made a flag and gave a breakout. The prices are above the moving averages which shows bullishness. The MACD has turned bullish. The RSI is above 50 which shows good momentum. The view is for upto 2 months duration. The Target and SL is on the charts.
Disclaimer : This is my own view and analysis. This is for educational purposes. This is not a recommendation, call or a tip.
Flag and pole in ACCFlag and pole in ACC. Now about to retest upper boundary.
Good for buying if it respects upper boundary with small stoploss.
[Positional] TATAMOTORS Long IdeaTata Motors was trading in the range of 360- 470 from a long time . Recently the stock broke out of that range 10 sessions bck. After breaking the range this has formed a msall Flag and pole pattern also. TataMotors is really good candidate to go long on,
Entry:- 481 (We will only enter the trade when it crosses the recent swing high of 481 on a daily candle on the closing basis)
Stop Loss:- 459 (adding some buffer from the length of flag to include the support line as well )
Target:- 528 (Immediate target will be 528 )
Target is expected in the next 2-3 months.
AMBUJA CEMENT LOOKS BULLISH ABOVE 375Ambuja cement looks bullish above 375.
Bullish Flag pattern created. above 375 it is clear breakout.
Entry - 375 - 380
Target - 420 , 450
Sl - 345
(Education purpose only )
HDFCLIFE | Such a pleasant setup (Trendline + Channel + Flag)HDFCLIFE | Such a pleasant setup (Trendline + Channel + Flag)
CMP : 605
SL : 580
Target : 660, 675
Almost 1:3 risk reward setup for first target
Sportking India Ltd : Darkhorse with Flag and Pole PatternBSE:SPORTKING
Flag and Pole Detail Explanation:
Flag Pattern is one of the most popular chart patterns, formed by price action, which is contained within a small rectangle or a channel in the shape of a flag.
Flags are short-term continuation patterns that mark a small consolidation before the previous move resumes.
What is 'Flag' Pattern?
A flag chart pattern is formed when the market consolidates in a narrow range after a sharp move.
Usually a breakout from the flag is in the form of continuation of the prior trend.
Flags give very high risk reward ratio which means relatively small risk and high and quick profits.
Flag patterns are an integral part of technical analysis, but successful traders combine it with other forms of technical analysis to maximize their odds of success.
A flag can be used as an entry pattern for the continuation of the established trend.
Formation of the Flag Pattern
> There are pressure areas in a stock chart, which may be a minor support or resistance, or it may even be a minor target point. In this zone some traders book profit; however the trend remains unchanged. This may result in a small swing or the price may remain flat. Both the support and resistance lines are either horizontal or sloping downwards in an uptrend or sloping upwards in a down trend, forming flag.
> These patterns are usually preceded by a sharp advance or decline with heavy volume, and mark a midpoint of the move.
> The pattern has a “flag” appearance because the small rectangle is connected to the pole (the large and swift move).
> The move which precedes the flag portion of the pattern (the pole) must be a sharp move, nearly vertical.
> Flags are often considered continuation patterns, meaning that the breakout tends to theoretically occur in the direction of the preceding move.
> The formation usually occurs after a strong trending move that can contain gaps.
> The pattern usually forms at the midpoint of a full swing and consolidates the prior move.
Trading with Bullish Flag
> Flag Buy Signal - When the price has moved higher and prices have consolidated, creating a channel of support and resistance, a potential buy signal is given when prices penetrate and close above the upward resistance line.
> The pattern has completed when the price breaks out of the containing trend lines in the direction of the prevailing trend, at which point it will likely continue its course.
> Targets: The length of the flagpole can be applied to the resistance line of the flag to estimate the advance or target area.
Trading with Bullish Flag Pattern
The sideways period is often followed by another sharp rise.
This is where the trading opportunity comes in.
Once the flag pole and a flag or have formed, traders watch for the price to breakout above the upper flag/trend line.
When this occurs, enter a long trade.
Entry : After Flag breakout
NIFTY [after beak FLAG go to ATH ] if the FLAG BREAK then stock to ATH
IF YOU LIKE MY IDEA …PLEASE .FOLLOW ME
Disclosure : I am not Sebi-registered. This channel is for only educational purpose. Any profit/loss, I am not responsible. Before taking any trade on our calls please consult your financial advisors. Thanks
Apollo Tricoat Tubes- Nearing Upflag BreakoutHeadquartered in New Delhi, India, Apollo TriCoat is part of the APL Apollo Group. What makes Apollo different is its unusual approach to the business. The Company is not into conventional products, and remains focused on absorbing contemporary technology from various geographies to manufacture new-age products, which are often the first to be introduced to India.
Tata Steel Flag !Can move towards ATH if breaks 1330 decisively.
Commodities prices soaring due to the war.
Breakout from a flag pattern.
In a good Uptrend.
DISCLOSURE - Invested and can be a biased view.
I would appreciate your thoughts on it.
PS. - I am not SEBI registered. This is for analysis and educational purpose only.
PRAJ FLAG BREAKOUT
Praj Industries showing a clear flag pattern breakout on weekly time frame.
Can go long with a stop loss of 300 on weekly basis.
Target : MInimum 2x and trailing SL thereafter
JINDALSTEL [flag pattern]A bull flag pattern with good consolidation after breakout ...... happen good "watch on "
Disclosure : I am not SEBI registered. The information provided here is for Education Purposes only.
Consult your financial advisor before taking any decisions
JSW Steel (Daily) - Flag Breakout for 5th Wave JSW Steel (Daily)
Chart Pattern - Flag & pole
Current market price - 672
Target - 827 (width of the flag channel according to the post triangle thrust / PTT method)
Price seems to have completed ABCDE in the 4th wave as per Elliott Wave Count
Now it has broken into the 5th wave (flag breakout)
BULLISH FLAG PATTERNStock 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
btc forming flag and pole patternBINANCE: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
Easy Trip Planner-Flag & Pole Easy Trip Planner is on the verge of a breakout from the Flag and Pole pattern. Kindly do your own analysis before taking any enteries
Levels for - 06 Sep 2021EXPLANATION : This is a 30 Min time frame chart of BAJFINANCE . It has formed a Bullish Flag Pattern , If stock break the flag with high volume I am seeing a very good opportunity in BAJFINANCE . ( Use Fiboncci )
