Flag breakout inside a long-term rising channel
NIFTY spent the last few months in a falling/sideways range (highlighted box) within a larger rising channel.
Price has broken out on the upside and is pushing above the box top / local supply.
A classic measured-move from the height of the box projects ~3,650–3,700 pts higher, aligning with the upper channel—pointing to ~29,400–29,600.
Why it works
Structure alignment : Local flag breakout with the primary up-channel.
Confluence : Measured move ≈ upper channel touch, giving a logical exhaustion zone for profit-taking.
What can go wrong
False breakout : Quick rejection and close back under 25,700.
Macro/event risk : Gap moves around data/events can bypass stops—position accordingly.
Bias: Bullish while above 25,700 on daily closes.
This is a technical study for educational purposes, not investment advice. Manage risk.
Flag
SchaefflerInd - Technical Analysis#Schaeffler India - Technical Analysis Report
Current Price: 4,141.10 / Prev ATH @4951.
Trade Setup Overview
Basic Dow Theory : Stock is making Higher High - Higher Low by Breaking previous ATH decisively and stock is down to strong Demand Zone for retracement.
Stock is in consolidation before breaking previous ATH & currently forming Flag & Pole Pattern.
Entry on breakout above resistance 4,200-4,300
Conservative Stop Loss at 3,800 | Tight SL near 4,000
Tgt 1: 4,602
Tgt 2: 4,776
Tgt 3: 5,026
Grand Flag & Pole Target: 5,495.
Technical Highlights:
- Trend Reversal confirmed by breaking previous High on May 2025 around 2,800
- Price consolidating after strong recovery rally
- Trading above key moving averages
- Breakout above 4,300 resistance could trigger momentum toward 4,600 / 5495
Risk-Reward:
Favorable R:R with potential 11-33% upside vs 3-8% downside to stop loss levels.
Nifty 50 Index – Bullish Pole & Flag Breakout Setup(5-min-15min)The Nifty 50 index on the 5-minute and 15-minute timeframe is showing a bullish pole and flag continuation pattern. After a strong upward rally (the pole), the price has entered a downward-sloping consolidation channel (the flag), indicating healthy profit booking. The pattern suggests potential for a breakout on the upside, resuming the prior bullish trend.
Key levels to watch:
Support: 24,824 – 24,883 zone (green lines)
Resistance: 25,222 and 25,359 (red lines)
Breakout Target Zone: Above 25,400 if price sustains above the flag channel resistance.
The volume profile also indicates strong accumulation near 25,000, further strengthening the bullish bias.
NIFTY 50 – Bullish Flag Formation | Continuation Pattern in PlayNIFTY 50 is currently forming a bullish flag pattern on the lower timeframe after a strong impulsive move to the upside.
This consolidation phase represents a healthy correction within an uptrend , indicating that bulls are likely preparing for the next breakout leg .
The structure is showing a clear flag channel , where price is respecting parallel trendlines after the strong upward impulse.
Volume is also contracting during the pullback — a typical characteristic of a flag pattern.
Key Highlights:
🚀 Strong impulsive move followed by tight consolidation (flag).
📉 Flag resistance zone: 25,130 – 25,170
📈 Breakout above this zone could trigger bullish continuation toward 25,300 – 25,400.
⚠️ Invalid if price breaks below 25,050 with strong momentum.
Trading Idea:
Wait for a clean breakout candle above the flag resistance with volume confirmation for potential long entries.
ETH Triangle Breakout + Bull Flag Setup – Is $8K Next?CMP: $4,540
Ethereum has broken out of a long-term symmetrical triangle , retested the trendline, and is now moving higher — signaling strong bullish momentum.
🔹 Breakout Retest Done – ETH completed a clean breakout and retest of the triangle resistance.
🔹 Bull Flags – Two bullish continuation flags have formed. The second flag is on the verge of breaking out , hinting at another potential leg up.
🔹 Pattern Targets –
• Bull Flag target: $7,365 +, if breakout confirms.
• Symmetrical Triangle target: $7,950 , which is over 62% above current price.
🟢 Key Level to Watch: A weekly close above $4,954.16 (previous ATH) would further validate the bullish structure.
#ETH | #Ethereum | #Crypto | #Breakout | #ChartPatterns | #SymmetricalTriangle | #BullFlag | #PriceAction
📌 Disclaimer: This analysis is shared for educational purposes only. It is not a buy/sell recommendation. Please do your own research before making any trading decisions.
Strong PSU Bank - Indian Bank - Strong BuyIndian Bank - Swing to Short-Term Investment Report
Current Price: 653.10
TECHNICAL SETUP OVERVIEW
Analysis Type: Monthly Chart | Investment Horizon: Short to Medium Term (6-18 months)
Key Observation: After a historic breakout from multi-year resistance, Indian Bank has established itself as a solid structure for accumulation with exceptional return potential.
BREAKOUT TIMELINE & PATTERN
Historical Resistance Battle (2018): Successfully tested 5 consecutive months.
Major Breakout (January 2024) Clean breakout above 2018 resistance level, Significance 6-year base breakout - high probability setup - Follow-through Strong momentum confirmed.
Bull flag Pattern formation, Price Range: 632-736. Building energy for next leg up
Structural Advantages:
1. Clean Breakout Pattern
- No false breaks or whipsaws
- Volume confirms genuine buying
2. Multiple Timeframe Confluence
- Monthly, weekly, daily all aligned bullish
- No conflicting signals
- High probability continuation
3. Measured Move Projections
- Targets based on historical patterns
- Flag pole height projects to 1,050+
- Conservative targets: 813-973
4. Fundamental Support
- PSU bank re-rating theme intact
- Improving asset quality
- Growing dividends (35% YoY growth)
- Strong Q4 profit growth (+31.56%)
Disclaimer: For educational purposes only. Manage risk appropriately and do your own research.
🎯 Trade Smart. Trade Safe. Accumulate Quality.
Coal India (W) - Consolidates in a Potential Bear Flag PatternFollowing a significant downtrend that began in August 2024, Coal India has entered a sideways consolidation phase, which has been in place since December 2024. This prolonged period of consolidation after a downtrend is forming what appears to be a Bear Flag , a classic continuation pattern that typically resolves to the downside.
The stock is currently trading within this pattern, approaching a critical juncture.
Bearish Indicators to Note 📉
The negative outlook is supported by key observations:
- Continuation Pattern: The formation of a Bear Flag itself suggests that the pause is likely a prelude to resuming the prior downtrend.
- Declining Volume: Trading volume has been noticeably drying up during this consolidation phase, which often indicates a lack of buying conviction and can precede a breakdown.
Outlook and Key Levels
The price action in the coming weeks will be crucial.
- Bearish Case: A breakdown below the lower trendline of the flag pattern, especially on a spike in volume, would confirm the continuation of the downtrend.
- Bullish Reversal: To invalidate the bearish pattern, the stock must stage a decisive breakout above the upper resistance trendline of the flag, supported by a massive surge in volume. Until such a breakout occurs, the prevailing technical bias remains bearish.
KIOCL (D) - Consolidates in Bullish Pattern After Massive RallyFollowing a powerful uptrend that has seen the stock gain over 125% since its bullish reversal in April 2025, KIOCL is now consolidating in a bullish Flag & Pole pattern . This chart formation is typically a continuation pattern, suggesting that the prior uptrend is likely to resume after this brief pause.
The stock is currently trading within the "flag" portion of the pattern. A breakout from this consolidation is the key trigger for the next potential move.
Broad-Based Bullish Indicators 👍
The underlying trend remains strong, supported by a host of positive technical signals:
- Multi-Timeframe Strength: Short-term Exponential Moving Averages (EMAs) are in a bullish state across the monthly, weekly, and daily charts .
- Confirmed Momentum: The Relative Strength Index (RSI) also confirms a bullish state on the monthly and weekly timeframes. While the daily RSI has not yet completed a bullish crossover, it is positioned to do so.
- Volume Buildup: A noticeable increase in trading volume during recent sessions suggests accumulation is taking place within the pattern.
Hurdles and Key Levels
For the uptrend to continue, the stock must first break out above the upper trendline of the flag pattern . Immediately following a potential breakout, it will face another significant hurdle in the form of a long-term horizontal resistance trendline .
- Bullish Case 📈: If the stock successfully breaks out of the flag pattern and sustains its momentum, the next potential price target is the resistance zone near ₹620 .
- Bearish Case 📉: If the pattern fails and momentum is not sustained, the stock could pull back to find support near the ₹420 level. The price action in the coming days will be critical.
Long JSWINFRA - Short term Investment# JSW Infrastructure Limited (NSE) - Technical Analysis Report
Current Price: 335.80
Key Technical Observations
**Bullish Breakout Setup**
- Breakout Level: Above 356 for conservative trade
Consolidation phase completing before potential breakout (BO) & Stock trading near resistance zone.
Price Targets
- Target 1: 352.90 (0.618 Fibonacci level)
- Target 2: 389.50 (0.786 Fibonacci level)
- Target 3: 411.30 (0.886 Fibonacci level)
- Target 4: 436.15 (1.0 Fibonacci extension)
- Moving Average: SMA showing upward momentum at 296.13
- Fibonacci Retracement : 61.8% level acting as immediate resistance
Chart Pattern Analysis
- Hidden Divergence on the chart suggesting underlying strength
- Consolidation Phase after pullback from 0.618 fib levels and Recent sideways movement indicating accumulation
Risk Management
- Support Level of the recent consolidation low around 280-300 zone
- Stop Loss: Conservative traders should consider stops below 320 on candle close basis.
Conservative Traders:
- Wait for decisive breakout above ₹356 with volume confirmation
- Enter on pullback to ₹340-345 range after breakout
- Target progressive profit booking at mentioned Fibonacci levels
Disclaimer: This analysis is for educational purposes only. Please conduct your own research and risk management before making investment decisions.
MOBIKWIK : Breakout Candidate#MOBIKWIK #chartpattern #flagandpolepattern #chartpatternbreakout #swingtrade
MOBIKWIK : Swing Trade
>> Breakout Candidate
>> Chart pattern Visible
>> Flag & Pole Pattern
>> Volume Contraction
>> Good Strength in Stock
Swing Traders can lock profit at 10% and keep Trailing
Please Boost, comment and follow us for more Learnings.
Disc : Charts shared are for learning purpose only, not a Trade recommendation. Do your own research and consult your financial advisor before taking any position.
Positional or Long-term Opportunity in TIINDIAGo Long @ 3003.3 for Targets of 3330, 3830, and 4650 with SL 2820
Reasons to go Long :
1. On Weekly timeframe if we draw Fibonacci retracement from the all time swing low (A) to the all time swing high (B) then the stock took support from the 0.5 Fibonacci level.
2. In addition to this, the stock formed a Double Bottom Pattern (W) around 0.5 Fibonacci level.
3. After retracing the stock formed pole & flag pattern & gave breakout.
SBI (Weekly) - Breakout of sideways trendState Bank of India (SBI) has shown a significant bullish development this week, decisively breaking out of a key angular resistance trendline that has been in place since July 2024. This breakout, which follows a prolonged consolidation phase after its All-Time High in June 2024, was confirmed by a strong +4.71% price increase on the back of massive trading volume.
Confirmation from Multiple Indicators 👍
The positive outlook is strongly supported by several technical signals, suggesting a high degree of conviction in the recent move:
- Volume Surge: The breakout was accompanied by exceptionally high volume , indicating significant buying interest. The general trend of rising volume further validates the move.
- Momentum Indicators: Both the short-term Exponential Moving Averages (EMAs) and the Relative Strength Index (RSI) have entered a state of positive crossover, providing dual confirmation of building bullish momentum.
Outlook
Given the strength of the breakout and the confluence of bullish indicators, the path of least resistance appears to be upward. However, monitoring the price action in the upcoming week will be crucial to confirm that this breakout is sustained and not a false move.
Canara Bank (Weekly) - Will it BreakOut of sideways trend??Canara Bank has demonstrated a significant bullish development this week, breaking out of a key angular resistance trendline . This move was validated by a strong increase in trading volume and a notable +6.13% price surge , signaling renewed buyer interest.
This breakout occurs after a period of sideways consolidation that has been in place since May 2025. This consolidation phase followed a corrective downtrend that lasted from June 2024 to March 2025, which itself came after a multi-year rally that began in October 2020.
Bullish Indicators Supporting the Move 👍
Several technical factors support a positive outlook:
- Volume Confirmation: The breakout was accompanied by a healthy surge in trading volume , indicating strong conviction behind the move.
- Momentum: Short-term Exponential Moving Averages (EMAs) have entered a positive crossover , a classic signal of building upward momentum.
The Immediate Hurdle Ahead 🚧
Despite the positive signs, the stock is currently trading just below a short-term resistance level . A decisive move above this immediate barrier is required to confirm the continuation of the uptrend.
Future Outlook and Key Levels
The price action in the upcoming week will be crucial. Two primary scenarios exist:
- Bullish Case 📈: If the stock successfully breaks and holds above the current short-term resistance, the path could be clear for a rally towards the next major resistance zone at ₹129 .
- Bearish Case 📉: If the upward momentum fails and the stock is rejected at this resistance, it could pull back towards the support level of ₹105 .
Buy MCX#MCX (Multi Commodity Exchange) Technical Analysis Summary
Current Market Price : ₹8,051.50
Dow Theory Analysis
The chart perfectly demonstrates **Dow Theory principles** in action:
Bullish Structure
Higher Highs : Clear progression from previous peaks
Higher Lows : Each dip maintains above previous lows
Fresh Higher High : Recent peak establishing new uptrend confirmation
Key Technical Levels
Daily Resistance : 8,339.00
Weekly Resistance : 8,901.50
Previous ATH : 9,115.00
Multiple Pattern Confirmations
1. Flag & Pole Pattern : - Bullish continuation pattern Suggests upward momentum continuation
2. Harmonic Pattern :
- Trading near point B
- Activation Level : 8,148.50
- 1st Target : 9,115 (Previous ATH)
- 2nd Target : 9,964 (Current projection)
Do your own analysis before Initiating any Trades.