NLC India is in a flag pattern with a consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry...
Muthoot finance is in flag pattern with consolidation zone, so give an entry with appropriate Stop loss after the breakout from the zone
🔴DISCLAIMER
***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ******
Aggressive traders enter at the breakout and conservative traders may give entry...
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Chart Type: Self Explanatory: BO from this zone on Day chart = Amazing upside potential:: Swing trade
✺--------------------------- Motivational and psychological area ✺
✣Trade only if you are in the right mindset, if you have been emotionally weak for some time, take your time and don't trade,...
NSE:RELIANCE has broken out of the flag pattern with above average volumes, but faces some weakness in crossing the 2220-2250 level, as is evident by the price action recently. With the AGM tomorrow, could RIL sustainably follow through after the flag breakout?
We've seen at least one flag breakout in the recent past (not pictured here) after which the broader...
Nifty was range bound today (15 Jun 2021)
Breakout above 15900 may give 50-100 points above slow and steadily.
but if breaks down below 15825 filling the gap, then pitch is ready, playground is open for bears as Nifty is moving in channel
and is at the upper end of the channel, ready to move down.
Happy Trading !!!
If crosses 35350, then Bullish targets open up
else, if it comes below 35110, then need to see how price action performs, might go sideways.
Bearish below 34550
Titan Company Ltd. multiple breakout awaited
details are already given in chart, for more details about Entry/Target1-2-3 and SL, follow my page and inbox me with your query..
Disclaimer:: I may or may not trade this setup, kindly do your own analysis before initiating any trade.
As we can see in the charts that Lupin has formed Flag and pole pattern,
so the logic behind this pattern is,
as much as the pole candle is formed we can expect the same after the breakout of a Flag pattern
which is 12%
We can see in the charts clearly explained.
Entry: 1230
SL: 1210 or as per your risk appetite
TP : 1350-1375 (that is 12%)
Happy trading and...
IIFL 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.
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 :)
Nifty has given a flag Breakout
Considering this a bullish sign, buy the dip will be my strategy.
Keeping it very simple today !
Support is at 15000
Resistance at 15200
Happy Trading !!!
NSE:NTPC has formed a flag and pole pattern on 1H time frame.
Wait for the breakout.
I have given Target levels for both sides.
Consider your Risk/Reward before taking trade.
