Flagbullish
BUY PNC INFRATECH - BULL FLAG BREAKOUT ON THE WEEKLY CHART Buy for near term (8-12 trading sessions) targets mentioned on the chart. Fundamentally strong stock - can hold longer for bigger targets.
The stock has closed above the parallel channel. Also, it had closed above its 50 DMA on Thursday 20th May 2021 and pushed higher the next day on the daily chart.
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Do your own analysis before making any investment. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find on the internet and wish to rely upon, whether to make an investment decision or otherwise.
FLAG BREAKOUT: NXTDIGITAL with Massive Volumes🚀📌 Levels are mentioned on chart for ❝Swing trading❞. NXTDIGITAL Limited (NDL) is the flagship media business of the global Hinduja Group.
The stock has shown high volume along with the breakout from an important resistance level .
▣ Key Highlights:
➨ Time frame WEEKLY 𝓦
➨ Pattern FLAG & POLE
☆ Kindly like & share ➥ this pattern. Comment ⎚ with what do you think. Follow me @ tradingview for more updates and like the chart ❤!!!
Maharashtra Scooters stair step formation✔✔ Stair-Step Patterns
✔The next type of continuation pattern is what we call a stair-step pattern. Like the flag, the stair-step is going to occur after a sharp trend to the upside. For example, the stock will trade sideways for a few days and then surge to the upside. The result is an image that looks like a stair-step.
Its also a trend continuation pattern.mean the stock will continue the current trend.
what is trend continuation pattern ?
✔In its most simple form, continuation patterns explain how stocks move during countertrend moves. We all know stocks cannot go straight up or straight down, they move in the primary direction and then retrace in the opposite direction before continuing. These little retracements are continuation patterns.such are
🔹Stair-step pattern👇
It is a type of continuation pattern is what we call a stair-step pattern. Like the flag, the stair-step is going to occur after a sharp trend to the upside. For example, the stock will trade sideways for a few days and then surge to the upside. The result is an image that looks like a stair-step.
🔹Flag Pattern👇
Flag patterns are a type of continuation pattern that appears after the trend has already started. It is a small countertrend move that will often scare a lot of people out of the market. But the bullish flag pattern doesn't have enough fear in it to fully reverse the market.
🔹Pennant pattern👇
The final pattern is the pennant. This is one of the most popular and well-known patterns. It is a flag pattern which has the support and resistance collapsing in on itself.
note guys this is not a buy recommendation.this is just for study purpose.
hope u have learned something new.🤗
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Orient - multi baggerOrient has broken out on with huge volume.
we may see fast growth of 50% to 60%
WATCHOUT FOR THE BREAKOUT!!!Stock looks pretty much ready to give an inverse H&S breakout on the weekly charts, stock has also formed a bullish flag pattern on the daily charts, which can explode any moment soon. Stock retraced it's breakout levels of 80 in the previous weekly candle and jumped up again over 10% in the next week, which is also believed to be the classical kind of movement before the rally. Long position is strongly recommended with respect to the levels mentioned on charts.
Happy Trading!
JB Chemical and Pharma Monthly flagDISCLAIMER:There is no guarantee of profits or no exceptions from losses. The study provided is solely the personal views of my research. You are advised to rely on your judgment while investing/Trading decisions. Past performance is not an indicator of future returns. Investment is subject to market risks. Seek help of your financial advisors before investing/trading.
I may or may not trade this analysis
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Stop loss for long term target is 883