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 ..
Flagformation
Nifty - Bearish Flag pattern 16900 is Possible??Nifty is forming Flag Patterns and on Friday close it exited the flag channel then closed below.
As Global cues are negative our market is also expected to Open Gap down on Monday.
This week We can expect 16900 will be tested before it takes the next up move.
Himadri Speciality forming probable flag and pole patternHimadri Speciality is forming flag & pole Pattern in a daily chart frame.
If today's candle close above 88 range, then we can see a clear breakout and it should confirmed by next day candle.
After this breakout stock will test 93 range first, once it break 94 range, it has a potential to reach 112 range as per the pattern.
Ideal SL will be below 78.
Wait for supply zone breakout for the confirmation.
This is just a View, not recommendation to trade, do your own analysis before taking any trade.
NSE:HSCL
[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.
Probable upmove coming in IDEAIt is clear from the chart that IDEA has already made a symmetrical triangle pattern
And broke that with a strong bullish candle (Proving strength)
Now it made Flag & Pole pattern.
Which indicates a swing trading opportunity upto 9.35 - 9.50 level. (On the tine of publishing idea LTP was 8.8).
SL 8.20 is a must.
And also the stock is at strong support on weekly timeframe
Prestige on Bullish This script traded under the channel pattern and takes the support at Weekly trend line as well as channel support line.Target is the resistance of the channel pattern and stoploss is below the channel pattern support line weekly close.
DISCLAIMER:
I am not a SEBI registered person this is not an investment tips it's just for an educational purpose. So don't take any trade blindly based on this analysis discuss with your financial advisor before taking any trade. I am not responsible for your profit or loss.
YES BANK - 2 choices YES BANK - 2 choices
1. Now in a flag pattern
2. If it breaks and opens and closes above the 12.9 means short-term target will be 13.5
3. If it breaks the flag pattern down-ward means it has support at 12.5 and 12.20.
Note:
1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
TATA MOTORS DVR - Long term Bullish1. Bull Flag Pattern formed...
2. Long-term Bullish trend
3. When it breaches the resistance will go upward direction... waiting for the market correction.
Note:
1. I’m not a SEBI Registered advisor, my views are personal and for educational purposes only.
2. Always check with your financial advisor and take the trade as per your risk/reward ratio.
3. Follow me for more patterns and like, and share so that we feel it is helpful to many and share more patterns...
SILVERSilver is still in triangular correction on weekly time frame and now it has weekly closed below RK's stop loss line which is a sign for weak sentiments again also weekly macd is about to turn bearish again so we can assume that after completing wave a-b-c-d- now we are unfolding wave e in triangle pattern, which can be last decline before breakout towards north move ahead, so if our assumptions are going to be true then silver can fall towards price of $ 21.40, before it turns bullish for a long term rally to start, On up side we can assume $ 30.72 as 0.618% of wave 3 as a target of wave 5 of bigger degree.
Overall wave structure and chart pattern
Price closed below weekly RK"s stop loss line
weekly macd down tick
Daily macd turned negative again
Daily rsi down tick and closed below 40 range
DMI _ ADX turned negative
TLBD along with near Lbb to challenge
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However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.