Get started

Flag

CarTrade Tech- CnH FnP. Keep on Radar📊 CarTrade Tech - Technical Analysis 🚗 Reason for Picking This Stock: CarTrade Tech has been in an uptrend since March 2023, trading within a rising channel. The stock tends to take support near the 50 DMA and the channel bottom, showcasing strong demand in those areas. ✨ Key Highlights: 1️⃣ Breakout from 3.5-Year Resistance: The stock has broken above a significant 3.5-year-old resistance level of ₹1,622.85 and gave a weekly closing above it. 2️⃣ Chart Patterns: Cup and Handle (CnH) formation near the 3.5-year resistance. Flag and Pole (FnP) pattern adds conviction to the breakout. 3️⃣ No Overhead Resistance: The left side of the chart shows no major resistance, providing room for upside movement. 4️⃣ Relative Strength in Market Correction: The stock has held strong during the broader market correction. 🎯 Trading Levels & Risk-Reward (R:R): Entry: ₹1,835 Stop Loss (Closing Basis): ₹1,514 Positional Target: ₹2,543 SL %: 17.5% R:R: 1:2 📌 How to Trade: ✅ Wait for Confirmation: A clear breakout with volume and a wide-range candle will strengthen the setup. ✅ Small Position Size: As the market trend is bearish, trade with reduced risk. ✅ Pullback Entry: Look for a pullback to the 50 DMA region or channel bottom for better risk-reward entries. ✅ Add on Base Formation: If the stock consolidates above the breakout level and breaks out again, consider this as a further entry point. ⚠️ Risk Considerations: 🚨 The broader market is trading well below the 50 DMA and 200 DMA, with a death cross in play. Committing large capital at this point may not be advisable. 🚨 This is a pure technical call on a fundamentally weak company. Perform your own due diligence before trading. 💡 Key Points to Watch: 1️⃣ Clear breakout from the Flag and Pole (FnP) and Cup and Handle (CnH) patterns. 2️⃣ The channel top may act as a resistance, so monitor price action near those levels. 3️⃣ Broader market stabilization above the 200 DMA and 50 DMA is crucial for larger capital deployment. 🚦 Final Thoughts: CarTrade Tech is showing relative strength in a falling market—a key factor for stock selection during corrections. The intention is to highlight opportunities in stocks performing well despite broader market weakness. Trade cautiously and stick to strict risk management. 💪 and do not wait for target to be achieved in this market condition. Try to book partial and trail SL. 📉 Disclaimer: This analysis is for educational purposes only and not financial advice. Always consult your financial advisor before making any trading decisions.
NSE:CARTRADELong
by sagartharayil
DIVISLAB Flag and Pole FormationTrade Setup Entry Level: ₹6,336 🚀 Stop Loss (SL): ₹5,323 (Closing Basis) SL Percentage: -16.01% 📉 Target Levels: T1 (Positional Target): ₹7,404 (+16.88%) 🎯 Risk-to-Reward (R:R): 1:1⚖️ Technical Highlights 📌 Flag & Pole: The stock shows a strong flag and pole pattern, indicating bullish potential. 📌 Key DMAs: Trading comfortably above key moving averages (DMAs), adding strength to the setup. 📌 Pullback Bounce: Well-supported bounce after pullbacks. 📌 Volume: Needs improvement for stronger confirmation. 📌 RSI: Decent, supportive of the setup. Key Strategy ⚡ Wait for Volume Confirmation: Entry should be accompanied by increasing volumes to ensure breakout sustainability. ⚡ Tight Monitoring: Since the R:R is moderate, ensure disciplined adherence to the SL. ⚡ Partial Booking at ₹7,000: Optional for risk reduction before T1. Risks: 1️⃣ Volume Concern: Weak volume might fail to sustain breakout. 2️⃣ Broader Market Trends: Adverse market movements may impact performance despite strong technicals. 💬 Execute cautiously, and ensure disciplined trading! ⚠ Disclaimer: This is for educational purposes and not financial advice. Please consult your advisor before trading.
NSE:DIVISLABLong
by sagartharayil
SkyGold - Glittering in the Sky- Flag Pole Breakout - Abv 370About Co. 1. Established in 2008 and headquartered in Mumbai, Sky Gold Limited specializes in 22-carat lightweight gold jewelry. 2. Product Range includes plain gold jewelry, studded pieces, and Turkish designs. 3. B2B Model, supplying to major retailers like Malabar Gold, Joyalukkas, Kalyan Jewellers, and more. 4. Over 2,000 retail showrooms across India feature Sky Gold products. 5. State-of-the-art manufacturing facility in Navi Mumbai with an 81,000 sq. ft. space and a 750 kg/month processing capacity. 6. Design library of 500,000+ designs, including rings, bangles, pendants, and earrings. 7. Migrated to NSE and BSE main boards in January 2023. 8. Q2 2024 net profit surged fivefold to ₹36.7 crore, with revenue up 94.2% to ₹768.8 crore. 9. Recent acquisitions of Sparkling Chains & Starmangalsutra boosted market share from 35% to 70%. 10. ₹270 crore fundraise strengthened working capital and expanded market reach. #Results SKYGOLD Q3 NET PROFIT AT 36.6 CR V 8.9 CR YOY REVENUE AT 997 CR V 460 CR SKYGOLD Q3 EBITDA AT 57 CR V 18.5 CR YOY MARGINS AT 5.72 % V 4 % #Analysis The stock has formed Flag & Pole Breakout & with Excellent results and tailwind in Gold/Jewellery sector, one may ride the stock above 370 for targets of 460+ with SL of 322.
NSE:SKYGOLDLong
by jain_geetesh
Varun Beverages Limited - Looks promising for far!VBL - Formation of FVGs suggest a potential Flag pattern however it appears to be on the verge of formation and yet to be confirmed! Key levels to watch: Around 650 range close to the trendline. Around 680 levels Pattern confirmation: Open and Close above 680 range in daily time frame with good volume. Potential rally: Monitor stock movement around the upcoming quarterly earning results. If it breaks the mentioned levels, further flag may pattern may continue the rally around 850+. Currently at probable early spot! #Budget 2025 #FMCG #Aboard
NSE:VBLLong
by krishari89
BULL FLAG FORMATION IN ADANI GREEN ENERGY - SWING TRADESymbol - ADANIGREEN CMP 988 Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities. In Adani Green Energy, a bullish flag formation has developed. A breakout from this formation is expected to drive the price towards 1240, representing an approximate upside of 26% from the current level. I am initiating a long position in the Futures at the current market price 988 Additionally, I plan to increase my position near the 970-965 price range and will maintain the long position with a stop loss at 938 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading position. You can track it for educational purposes. Thanks!
NSE:ADANIGREENLong
by akshit_official
Bearish Flag Pattern Breakdown in NiftyA Bearish Flag Pattern has been observed in NSE:NIFTY , signalling a potential downward movement. If this breakdown is successful, the following targets can be expected: First Target: 22,550 Second Target: 22,000 Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Market movements are subject to various factors, and trading involves significant risk. Always conduct your own research or consult with a professional financial advisor before making any investment decisions. NSE:NIFTY
NSE:NIFTYShort
by Stable_Logic
Alpex Solar - Super Growth Stock - Flag PatternAlpex Solar is a super growth stock from solar industry. It is listed on NSE emerging market and is one of the top promising player in solar electricity sector. Looking for BIG BIG gains. Other factors: 1. Capex expansion in next 24 months - 2.5GW Solar modules expansion - 1.GW Solar sell expansion - 120000 T aluminium modules 2. Already received orders of 525 crores from 2 PSUs and recent order of 35 crores from Haryana Govt. 3. Making a flag pattern on weekly time frame. A stock to hold tight and I believe this will fly higher and higher. Be part of India solar growth. Keep following Cleaneasycharts as we provide Right Stocks at Right Time at Right Price !! Cheers !!!
NSE:ALPEXSOLAR
by Cleaneasycharts
ACE - Flag & Pole Breakout - Buy above 1520ACE intends to increase contribution of exports in revenues. The company is also tapping opportunities in the Defence Sector and plans to increase the utilisation levels of Construction Equipment. MetriC FY 2025 (H1) Revenue Growth - INR 15,527 Mn (H1 FY25) with a growth trajectory, 26.71% CAGR over four years. Operating Leverage - EBITDA Margin improved from 16.06% (FY24) to 17.32% in H1 FY25, indicating strong operational efficiency​ . Margin Expansion - PAT Margin rose from 10.97% (FY24) to 11.53% in H1 FY25, reflecting better profitability​ . Debt Reduction -Net Debt-to-Equity ratio improved to -0.48x (indicating surplus liquidity over debt), maintaining a low leverage position​ . The Stock has formed Flag & Pole Breakout & One can enter above 1520 For targets of 1700/2000/2400. Strict Stop Loss of 1340. Views valid above - 1520. Disclaimer : Educational Post and not a buy/sell recommendation.
NSE:ACELong
by jain_geetesh
Kfintech - Flag & Pole Breakout - Buy above 1095. SL-983KFintech generates revenues primarily through service fees, subscriptions, and transaction-based charges. Its client base includes: Mutual Fund Companies: Providing technology and operational support for mutual funds. Wealth Management Firms: Offering technology platforms that enable the management of investor portfolios. Corporate Issuers: Handling IPO processes, corporate actions, and compliance. Boom in IPO and rights issue makes this stock very attractive. The chart has formed Flag & Pole Patternand one can enter only above 1095 for targets of 1230/1450, with strict stop loss of 983
NSE:KFINTECHLong
by jain_geetesh
4