Navin Flourine- Formation of flag and pole patternOn hourly chart we can see a flag and pole pattern formation, post breakout, we can see 4800 levels soon. Hold tight.... Bulls will come into action soon.
Flagformation
Bitcoin follows a H & S PatternThe chart shows the H & S pattern
There is a Harmonic pattern also exists
An EMA cross confirms bearish trend
A Flag is another additional confirmation.
chart pattern ciplaformation of triangle ready to breakout
also a kind of flag pattern under triangle
stock is running above 50n200 DMA
above red trend line go for long side
Flag Pattern breakout - 15july22It looks like it is breaking out its pattern and we may book some profit here.
entry@802
stoploss@789
target1@839 (reset your stop loss@834 once it hits the target1)
target2@873
Note: This is only for educational and learning purposes. Trade at your own ris
HINDALCO INDS_WATCH FOR BREAKOUTHindalco inds seems like inverted pennant flag pattern. when it will breakout downward, then only pattern will be activate. Otherwise keep concentrate for breakout whether up or down.
Copper continues it's DowntrendA small flag is formed in Copper
Expected price level is shown
Information mentioned here is for study purpose
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
Bullish Flag Pattern | BTCUSDT Intraday TradeHi Guys,
Here is a trade for you in Bitcoin, all the relevant details are mentioned in Chart.
Amazing Stocks and Index analysis for 11 July | Price action I daily make educational content on Financial markets
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...
BankNifty Intraday Trade Setup for 10th May 22NSE:BANKNIFTY Bullish on Banknifty for today after breakout
The chart is for study purposes only!!
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
Most investors treat trading as a hobby because they have a full-time job doing something else.
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.
chennai petro bullish flag patternchennai petro bullish flag pattern
can look for tp of 194-198 with sl of 89 on monthly cb
Disclaimer: only for educational purpose kindly consult your financial advisor before any investment
BALKRISIND | Nice flag setup - Looks good for 10%BALKRISIND | Nice flag setup - Looks good for 10%
CMP : 2160
SL : 2020
Target : 2360
1:2 risk reward setup
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.
Flag Pattern (Flag and Pole Pattern)A flag pattern is a trend continuation pattern, appropriately named after it’s visual similarity to a flag on a flagpole. Flag patterns can be bullish or bearish.
1. Flagpole: A line extending up from this break to the high of the flag/pennant forms the flagpole. The flagpole is the distance from the first resistance or support break to the high or low of the flag. The sharp advance (or decline) that forms the flagpole should break a trend line or resistance/support level.
2. Flag: A flag is a small rectangle pattern that slopes against the previous trend. If the previous move was up, then the flag would slope down. If the move was down, then the flag would slope up. The price action just needs to be contained within two parallel trend lines.
3. Break: For a bullish flag, a break above resistance signals that the previous advance has resumed. For a bearish flag, a break below support signals that the previous decline has resumed.
4. Volume: Volume should be heavy during the advance or decline that forms the flagpole. Volume contracts during the flag's formation and expands right after the resistance/support breakout.
5. Target: The length of the flagpole can be applied to the resistance break or support break of the flag to estimate the advance or decline.
Bullish Flag Pattern - Weekly chart Titan has formed bullish flag pattern on weekly chart. Stock is poised for a positive breakout. A flag pattern has two components - A pole and a flag. Current Market Price is at the tip of a pole. Conditions to recognise a positive breakout are : (a) stock price shall cross over the tip point which is also resistance zone and (b) stock shall successfully convert resistance into support.
Birlasoft AnalysisBirlasoft : A fundamentally strong IT Company with a good chart setup. This company has given some excellent returns previous year. It has formed a bullish pole and flag pattern in 1h time frame. The stock is trying to go up and it can go up with the current market sentiment. Keep an eye on this stock.
