Flag
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.
AtriCure Inc | Triangle PatternNASDAQ:ATRC (AtriCure Inc)
Engages in the development, manufacture, and sale of surgical ablation of cardiac tissue, and systems for the exclusion of the left atrial appendage.
Its products include radio frequency (RF) ablation pacing and sensing, cryo, left atrial appendage management, soft tissue dissection, estech surgical instrumentation, and cart configuration.
KNRConstruction-A breakout for big returns!KNRConstruction is an undervalued infra theme stock which is looking strong on chart.
It has given a flag breakout and above its ATH, it has potential to fly.
Q4 results of stock are amazing and it can fuel the rally.
Keep in watchlist. Not a recommendation
REC LTDI'm not a SEBI registered analyst, Views are personal,not any buy or sell recommendations.
Today i found REC LTD,which has given breakout in Daily and retest completed,Based on volume and current price movement in the REC chart, I anticipate a short-term upswing. Please see the chart for targets and stop loss.
ATGL Pole n Flag Breakout ATGL Breakout
ATGL forming Pole and flag pattern on daily chart
- Breaking parallel channel on daily timeframe
- forming Cup and handle on weekly timeframe
Disclaimer:-
Investments in securities are subject to market risk.
Everything I discuss here is for educational purpose.
I am sharing my personal view as a trader / investor.
Please consult your financial advisor before taking any decision.