Flag
Paras Defence UpdateA good closing below previous day low after a long time. This indicates a correction in near future. however I'll watch today's closing for the confirmation.
A good correction will be seen if closing of 9th july closes below 8 july low.
However after a sudden fall, price have retraced almost 60 points.
Good to watch it on 9th july closing.
Also, Good to watch for Fibonacci Levels for correction.
I am waiting for price to come at .33 level of fib.
Mayur Uniquoters : SWing Trade#MAYURUNIQ : #Breakout Candidate
>> #Trending Setup
>> Flag Structure
>> Good Strength & Volume Contraction
>> Low Risk High Reward
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
GEPIL BULLISH BREAKOUTIts an up flag breakout.Breakout is happened after a long consolidation with huge volume.
HDFC Bank - Bullish Flag chart patternBullish flag chart pattern has formed in HDFC Bank and also we have seen the breakout yesterday.
During the flag formation, we have observe the volume is going down, indicating that the bullish trend will continue.
Breakout of bullish with volume indicate a good sign and also RSI is above 60 so the momentum is also available.
Levels are mentioned on chart, For target use measurement rule.
Trail your SL is the key of saving capital along with profit is the good gesture of traders.
Atul auto breakoutAtul auto has good daily TF breakout. Retest also done in Flag pattern. Follow the given target in the chart.
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.