IIFL Securites Mnthly Flag BreakoutIIFL Securities
Breakout of Flag (consolidation) after almost 1 year plus.
Target width of the flag : 36.20 points
Breakout after a period of consolidation always give better returns.
Flagformation
Coal India | Both side tradable Well if u see the big picture then it's like a good move then a correction = Still bullish and if gives a breakout above the near high = a possible trade according to your risk system :)
Also, we can see an amazing head and shoulder move + a downside flag too + bearish too :)
Bank Nifty - Getting ready for another bull runBank Nifty has formed a bullish flag on 15 and 30 min TFs after making a double bottom in bigger TFs.
Looks good for another 1000-1500 rally minimum
Consider to go long in bank nifty in coming sessions once 34150 is broken and sustained in 15-30 minute candle.
P.S. Flag view gets negated if 33450 is broken in 30 minute candle close
Long time no see Breakout | SpiceJetLets goo finally out of the down channel ... time to trade it :)
manage your risk...
positional hold till the near time high and SL can be near time low.
A pattern you would love to trade | S01e02 | QuickHeal | FLAGTake the trade on 1hr as the same day trend line is maintained on 1hr too , u can go for other timeframes too if comfy with the risk ... i would say a good 20 to 30% UPSIDE IS POSSIBLE if broken for upside ..... if broken for downside = don't take the trade wait for the price to tell what to do next :)
Happy trading :)
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 ❤!!!
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!
Target-912| Flag & Pole | Upward trend line The stock has turned upwards after taking support at the confluence of two moving averages 20-DMA and 50-DMA, indicating bullishness. Further, it is on the verge of a breakout from a trendline resistance formed joining recent highs. Also, it has a neckline of a bullish Head & Shoulders pattern placed at Rs 857. A successful breakout on healthy volumes will resume the uptrend. Technical indicators suggest that the breakout is on cards.