Flagpatten
Daily Falg Pattern BO in Eclerx ServicesIntroduction:
eClerx was founded in 2000 by Anjan Malik and PD Mundhra with the goal of transitioning, managing and transforming complex business processes. Following successful careers in investment banking, Anjan and PD, graduates of University of Pennsylvania’s Wharton School of Business, jointly identified significant opportunities for providing innovative services and solutions to large global companies undergoing rapid business transformation challenged by legacy systems, new technology, data inaccuracies, and ever-changing processes and workflows. Created from humble beginnings in a small office in Mumbai, today eClerx employs 15,000+ people across Australia, Canada, Germany, India, Italy, Netherlands, Philippines, Singapore, Thailand, UK, and the USA.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:ECLERX . The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
Fresh position not recomended but if any one holding, then 2950 is immidiate possible target
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
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BTC/USDT - Bearish Flag Pattern#Bitcooin 4hr. Chart Analysis
CRYPTOCAP:BTC moving into hourly chart under #BearishFlag Pattern, from last one month, since 18 August to 19 September, nearly to completing its final cycle of Uptrend into this Pattern.
Now, its Downtrend cycle will be start soon, towards $24k to $22k into #BearishZone up to in this week around 23 to 27 Sept.
You all must be ready for that, As well Trade wisely by using #StopLoss and #DYOR always before invest wisely into Crypto Currency, Its just #NFA
&
Must LIKE, SHARE, COMMENT on that post as well FOLLOW me too..
BankNifty Travelling inside Flag pattern in 15 Mints ChartGood Morning Traders,
We have seen Chart and got to know that Banknifty has formed a bullish flag pattern and it is travelling inside the Flag pattern, i am talking behalf of 15 mints chart.
I think today or till tomorrow this should give breakout for upside. Let's see what is happening, we will trade accordingly, but before to that we will find opportunity to trade. There is two strategy ther, first one go with levels which i have marked on chart, 2nd you can buy and sale near to flag support and resistance trendlines if you see any kind of genuine price reversal pattern.
IMPORTANT LEVELS FOR BANKNIFTY:-
Buy above 44880, if levels got sustained at least for 15 mints.
Targets will be 45015/45089
Stop loss will be 44721
Sale below 44649, if levels got sustained at least for 15 mints.
Targets will be 44537/44370
Stop loss will be 44775
Note:- Always wait for the best entry levels to execute trades. And always follow strict stop loss to save your capital from unexpected market direction.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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Thankyou.
Regards
Rahul Pal
Bearish Flag PatternWhat is a bear flag pattern :
A bear flag pattern is a continuation pattern that resembles an upturned flag with a pole. It shows a continued bearish downtrend broken midway by a pullback – the upward channel or triangle representing the flag.
Criteria:
1. The pattern can be misleading if the retracement or the flag is larger than 50% of the pole.
2. RSI will help you gauge the strength of the pattern and the momentum after it.
How to trade it :
1. If the Flag section gets broken upside, It may invalid the pattern.
2. If the Flag section gets broken downside, consider the Pole section price range as the target from the break down point.
Check relative strength before entering the trade, It will help you to gauge the strength
koltepatil developersshare name : koltepatil develper
call type : poistional
- share is forming pole and flag pattern
- After a good consolidation in between prices
270 - 210 stock is retesting the resistance zone
- we can accumulate this share at level 300-250
with sl of 260
- Approchable targets 360, 415
thanks