Breakout Swing Trade ChamblfertIf 544.80 breakout with high volume buy at this level. stop loss is at 516.25 (5%), Target is at 595.40 (9%)
Flag
DCM shriram looks good for a swing Hello traders,
DCM SHRIRAM looks good for a swing trade. Levels are mentioned on the chart use stoploss on monthly based candle. Follow for more such ideas
good buying opportunity in galaxysurfHello traders,
Here is a good swing opportunity in galaxysurf . Important levels are marked on the chart. for more such ideas follow
Indian Oil Corporation Ltd. (IOC) ChartThe chart appears to be displaying a flag and pole pattern. This pattern is characterized by a sharp price increase (the pole) followed by a period of consolidation (the flag) before a continuation of the uptrend.
Pole: The sharp price increase from the November 2023 low to the early 2024 high represents the pole.
Flag: The subsequent consolidation period, marked by a rectangular pattern, is the flag.
Breakout: The price has recently broken out above the upper trendline of the flag, indicating a potential continuation of the uptrend.
Volume: Increased volume during the breakout confirms the strength of the move.
Assuming the price holds above the breakout level:
Buy: A potential buy entry could be considered near the current price or after a slight pullback.
Stop-Loss: A stop-loss could be placed below the recent low or the lower trendline of the flag.
Target: The target can be estimated by measuring the height of the pole and adding it to the breakout point.
Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
Nestle bullish flag patternNestle india. Bullish flag pattern breakout and re-testing. Ready for the new trend and new ATH soon. As per current market volatility FMCG is bit defensive sector to invest. RSI divergence is also clear & visible to take support from the rock solid bottom. Follow the given levels on the chart. Some cross intersecting lines are important levels & targets.
Keep this in mind. Options is a dangerous instrument to play. Please do not go wild on anything unless you know exactly what you doing. Even though your direction is right still you tend to loose in option buying. And market can always prove me wrong and i take that rights too. Experience traders also fail in this market. Only risk management will give you an edge. Don’t take any trades without SL. Respect the market, Ungli nahi katoge to pura hath katna padega. Beware.
DISCLAIMER: I AM NOT SEBI REGISTERED ANALYST. ALL POSTS ARE EDUCATIONAL PURPOSES.NON ADVISORY, DISCRETIONAL NO CLAIMS, RIGHTS RESERVED. I AM NOT RESPONSIBLE FOR YOUR PROFIT OR LOSS.
JAIN IRRIGATION SYSTEM 1DJISLJALEQS 1D Time frame
here we can see that there is a proper parallel channel and its breakout after the breakout it is done complete retest and if all is good we can see that a fast move come soon
SUNPHARMA F&P BREAKOUTSunpharma breaking f&p continuation pattern
with good volume and rsi
#target 2000
sl 1750
EDUCATIONAL IDEA
TATA ELXSI Triangle BreakoutTata Elxsi has given a Triangle Breakout on 1D timeframe yesterday with a high volumes. It is apparently retesting its resistance.
It has also formed a Flag pattern on 1W timeframe and attempting to give a breakout on 1W chart.
Bull movement to come immediately in IDFCStock selected in daily TF
Sector support - positive
Stock recovered immediately from support zone which confirms it as significant support zone and now weak pullback at minor resistance.
VSA principles
Despite increasing volumes in pullback , price is displaying strength
August 26 Bar showing strength since it is a down close bar with same spread as last two bars but volume higher than many bars of past.
This shows smart money buying in pullback at low prices and retail traders exiting which curbs unnecessary supply in higher prices at higher levels. This is a clear signal of strength
Today’s candle confirms that yesterday signal and gives every opportunity.
Lower time frames in four hours and seventy five minutes, volume built up is observed only on lowest prices indicating clear smart money support.
Last bar in four hour timeframe and 75 min time frame of today is narrow spread with ultra high volume with price close at lows .
Target can be 120-124 with minor resistance zones at 116 and 118
Bull movement to come immediately in IDFCStock selected in daily TF
Sector support - positive
Stock recovered immediately from support zone which confirms it as significant support zone and now weak pullback at minor resistance.
VSA principles
Despite increasing volumes in pullback , price is displaying strength
August 26 Bar showing strength since it is a down close bar with same spread as last two bars but volume higher than many bars of past.
This shows smart money buying in pullback at low prices and retail traders exiting which curbs unnecessary supply in higher prices at higher levels. This is a clear signal of strength
Today’s candle confirms that yesterday signal and gives every opportunity.
Lower time frames in four hours and seventy five minutes, volume built up is observed only on lowest prices indicating clear smart money support.
Last bar in four hour timeframe and 75 min time frame of today is narrow spread with ultra high volume with price close at lows .
Target can be 120-124 with minor resistance zones at 116 and 118
ASHOK LEYLAND GO LONG WAY If sustains todays high tomorrow tehen a flag pattern breakout can be seen and which makes potential targets 280-290
Is KPI Green's Flag Unlocking the Potential for a Remarkable 82%NSE:KPIGREEN
📈 Unleashing Potential: KPI Green's Technical Breakout Opportunity 🚀
The breakout of KPI Green, from a flag pattern is supported by trading volumes. There is evidence of institutional accumulation on specific dates; May 16th & 17th June 12th & 14th and June 20th to July 11th.
The rounding bottom pattern that is forming adds to the outlook. There might be a resistance zone around 980. As long as support remains above 885 the flag patterns strength will continue.
If KPI Green consolidates around the 980 level there could be a breakout that presents a trading opportunity.
In addition to indicators it's worth noting that KPI Green has fundamentals. For those interested, in ratios and data further information can be found in the comments section.
(Disclaimer: Information provided for educational purposes only. Not financial advice. Trading involves risk. Consult a professional before making decisions.)
VBL-An ATH breakout in super bullish FMCG stock VBL has been a consistent outperformer among FMCG stock in this bull run.
As we can clearly see, stock is forming a beautiful staircase pattern(continuous flag pole) during the uptrend.
Stock has given breakout in closing basis of ATH. A good stock for quick momentum traders.
Not a recommendation.
If interested, do check the chart of RVNL which has shown a similar staircase pattern in past.
Sportking these chart try to making pole and flag pattern and it completed in previous week now it start a rally so , do your analysis and make investment
Likhitha infrastructure flag breakoutLikhitha infrastructure after negating Head & shoulder pattern is set to make flag breakout with 60% rising potential.
Cyient Flag breakoutFed is set to lower interest rates next month which benefits IT. Cyient has made flag breakout and has 85% potential
VGEITL - Flag & Pole Breakout - Best to add above 111]VLEGITL is a subsidiary of Vakrangee Ltd, has formed Flag and Pole Pattern on the chart.
This is purely technical play and one can enter above 111 for 36% upmove with different levels mentioned on chart.
Strict stop loss of 100.
Like the analysis? Boost/Like the idea.
Disclaimer : Educational content & not a buy/sell recommendation
INDIGO F&P BREAKOUT WCBIndigo is breaking flag pattern weekly basis
with huge volum,trading above 20ema
#target 5900 sl 4200
EDUCATIONAL IDEA
PATANJALI FOODS | ALL TIME HIGH | BULLISH | SWING TRADECHART ANALYSIS OF PATANJALI FOODS
1) 3-Years old Channeling finally Breakout.
2) Cup and Holder pattern formation and breakout
3) Good volume support
4) Currently at all time high price
5) Bullish momentum continues
Disclaimer: Only for educational purpose
Jindal Saw- Bullish FlagIt has given breakout of bullish flag with high volumes. Support is 650 and Resistance is 813
Dolat Alog- Best above - 178.Dolat Algo - like other broking co's delivered excellent results
The stock formed large base and recently completely flag & Pennant Pattern.
One can take safe bet above 178 with strict stop loss of 140.
Targets - 220/320/380
Disclaimer : Educational content, please do your own rsearch.
my fav stocki have been following this stock from so long
company is good
price is good and i feel its low valued stock as price
let see how it goes
Finnifty - Aug 20Movement was choppy today. 22900 acted as support so far. Patterns seen in chart are channel formation which can be taken as bull flag also.
Buy above 23020 with the stop loss of 22980 for the targets 23060, 23120, 23180 and 23240.
Sell below 22880 with the stop loss of 22920 for the targets 22840, 22800, 22760, 22720 and 22680.
Check the live market updates.
Hit the like button to Rock !! Show some energy !!
Note : This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.
You are responsible for whatever you do.
