Flag
Avantel - good defense stock - buy above 150.Avantel is heavily reliant on Defense orders.
Exercise Caution. The targets may take multiple weeks to years to hit.
It has formed Flag and Pole pattern. Wait for the stock to retest one can
enter around 150 and average up on its way up.
SL - 137
Disclaimer : Educational content. Please do your own research !!
MapMyIndia-A multibagger stock for a swing tradeMapmyIndia is one of my favourite stock among small cap IT sector which has now done a breakout retest and is available at an amazing price.
If stock gives weekly closing above 1900, we will see ATH levels soon. However, I expect bigger targets from stock as given on chart.
A very good investment stock as well since the company provides API solutions as a cheaper alternative to google maps. Just a personal opinion shared for educational purposes.
Abbott india target 34000On weekly charts Abbott india is forming flag and pole pattern. Looks strong on technical charts till now.
Stop loss will be lower end of following flag channel on weekly closing basis.
Once the pattern breakout occurs. Following are the targets -
Target 1 - 31500
Target 2 - 32600
Target 3 - 34000
Don't fall in FOMO mode and wait.
Motherson - Cup & Handle and Flag & PoleMotherson has made a cup and handle breakout and a flag and pole pattern. We have a breakout and we can expect price to move to 145. The beauty is if you see the target price - whether by way of cup and handle breakout or flag & pole pattern - we have same target.
Other factors:
1. RSI is above 60
2. MACD is positive
3. Volume is increasing, see breakout volume candle
"Clean Charts, Easy Charts"
Learning & Earning!!!
Cheers!!
Cochin Shipyard Ltd: BULL FLAGCochin Shipyard Ltd: BULL FLAG.
Volume dries up during pattern formation.
32% upside potential
Levels mentioned on chart.
Given targets seems achievable.
Plan your trade accordingly.
Views are for ‘’EDUCATIONAL PURPOSE ONLY’’,trade at your own risk.
"Trade what you see, Not what You Think"
Happy Trading(:)
Heritage foods-A swing trade to watchout forHeritage food has given good move, around 100% returns in past 12 months.
Currently, stock is consolidating and can give good move once breakout of flag is done.
FMCG sector is looking strong and it can support the breakout in this stock.
Do keep in watchlist.