Flag
Cup & Handle Pattern-A cup and handle is a technical chart pattern that resembles a cup and handle where the cup is in the shape of a "u" and the handle has a slight downward drift.
-A cup and handle is considered a bullish signal extending an uptrend, and it is used to spot opportunities to go long.
- NSE:NIFTY Technical traders using this indicator should place a stop buy order slightly above the upper trendline of the handle part of the pattern.
Daily Bullish Flag Pattern BO in CARYSIL LTDIntroduction:
The Acrysil Group was founded in India in 1989, by Ashwin M. Parekh. We produced our first kitchen sink with a technical collaboration with Schock & Co., Germany - an established world leader.
30 years later his son, CMD Chirag A. Parekh, has lead Acrysil into becoming one of the largest producers of quartz kitchen sinks in the world, under its brand Carysil.
In addition to being one of the world leaders in producing sinks, Carysil’s global experience, and expertise have naturally lead us to diversify into other kitchen products. We now produce stainless steel sinks, faucets, food waste disposer units; and kitchen appliances such as hobs, cooktops, ovens, wine chillers and dishwashers.
Presenting the world's first 100% green sink manufactured using environmentally friendly materials. It is a bio coated quartz sink with materials such as spinach, sandal, turmeric, beet root and more. The natural fibre is recycled resin.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:CARYSIL .
The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 855-875 levels with the stoploss of Rs. 785 on Daily closing basis for the following targets 896.10, 919.20, 946.45, 966.75, 989.15, 1001.95, 1029.15, 1045.85, 1068.10,1083.55 and 1098.10
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag Pattern BO in HEUBACH COLORANTSIntroduction:
The new Heubach Group brings together two of the industry’s leading color innovators – Heubach and Clariants’s Global Colorants Business. With a tradition of delivering excellence that stretches back over 200 years, the Heubach name is synonymous with innovation, attention to customer needs and reliability in creating colors.
Today’s Heubach is a global industry leader with one of the world’s most complete portfolios of organic, inorganic and anti-corrosive pigments, pigment preparations, dyes and specialty materials for various applications. With a global manufacturing footprint including 19 facilities around the globe, Heubach is committed to a reliable supply of high-quality materials to meet customers demanding production environments. Sustainability is a part of the Heubach DNA.
We deliver industry leading, best-in-class and sustainable color solutions to brighten the lives of our customers, wherever they are.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of $NSE:HEUBACHIND. The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 515-525 levels with the stoploss of Rs. 500 on Daily closing basis for the following targets 539.45, 557.25, 569.05, 581.15, 602.30 and 319.10.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag pattern BO in MRPLIntroduction:
Mangalore Refinery and Petrochemicals Limited (MRPL) is a Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas. MRPL is located in beautiful hilly terrain, north of Mangaluru city, in Dakshina Kannada District of Karnataka State (India). The 15.0MMTPA (Million Metric Ton per annum) Refinery has got a versatile design with complex secondary processing units and high flexibility to process Crudes of various APIs, delivering a variety of quality products.
MRPL's Refinery is capable of producing almost a full range of petroleum products like Naphtha, LPG, Motor Spirit, High-Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulphur, Xylene, Bitumen along with Pet Coke and Polypropylene.
MRPL's 440 KTA Novolen gas-phase Polypropylene Plant using Zeigler Natta catalyst is capable of producing the complete range of homopolymer grades.
MRPL operates an Aromatic Complex, a petrochemical unit capable of producing 0.905 MMTPA of Para Xylene and 0.273 MMTPA of Benzene. This Aromatic Complex is situated in the Mangalore Special Economic Zone (MSEZ) and is fully integrated with MRPL.
MRPL has Two Captive Jetties in NMPT, Single Point Mooring Facility, While Oil Loading Facility, Rail Wagon Loading Silo for Petcoke, and Truck Loading Silos for Petcoke. MRPL is having Marketing Infrastructure Depots in Kasargod (Kerala), Hindupur (AP), and Hosur (TN).
Shell MRPL Aviation Fuels and Services Limited (SMA) is a 50:50 joint venture between MRPL and Shell Gas B.V. (Shell), a step-down subsidiary of Royal Dutch Shell Plc, Netherlands markets aviation turbine fuel (ATF) to airlines, both domestic as well as international carriers. SMA currently procures ATF from MRPL Refinery Complex and supplies at various airports like Bengaluru, Goa, Mangalore, Hyderabad, Chennai, Calicut, Madurai, Trichy, Coimbatore, Kannur, etc. SMA enables Indian carriers to fuelling requirements across International Airports.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:MRPL .The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 115-118 levels with the stoploss of Rs. 109 on Daily closing basis for the following targets 121.15, 125.25, 129.05, 136.15 and 141.85.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Daily Bullish Flag Pattern BO with Big VolumeIntroduction:
Inox Wind Energy Limited was incorporated on March 6, 2020 under the Companies Act, 2013 with the objective of engaging in business of generation and sale of wind energy, providing services for Erection, Procurement and Commissioning (EPC) of wind farms and holding strategic business interest in Renewable Energy. The Registered Office of the Company is situated at ABS Tower, 3rd Floor, Old Padra Road, Vadodara -390007, Gujarat.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of $NSE:IWELwith huge volume .The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 3320-3350 levels with the stoploss of Rs. 3120.95 on Daily closing basis for the following targets 3450.15, 3557.25, 3621.05, 3725.15, 3829.60, 3960.05, 4040.95,4160.25 and 4240.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Analysis 1) stock at up trend momentum
2) 96 is the resistance level for the stock
3) this up trend supported by volume
4) volume building like mountains
5) 2022 APR "55-60" this zone act as resistance for the stock
6) after this breakout stock give 68% rally
7) 68% rally with in one months likely 22 sessions
8) same move can accepting from this stock
9) crossing sentimental and main resistance for the stock and must sustain above
10) stock give 25% move from present level
11) no recommendation for buy and sell
Great Long Setup in Dhunseri InvestmentIntroduction:
Dhunseri Marketing Limited was incorporated in West Bengal on February 4, 1997 under the Companies Act, 1956. The Company’s name was changed from Dhunseri Marketing Limited to DI Marketing Limited pursuant to a fresh certificate of incorporation dated January 3, 2000 issued by the Registrar of Companies, West Bengal.
A scheme of arrangement was sanctioned by the Hon'ble High Court at Calcutta, by an Order dated May 6, 2010 which inter-alia provided for the demerger of the Investment Division and the Jaipur Tea Packet Factory of Dhunseri Tea & Industries Ltd. with D I Marketing Ltd.
Subsequently, the Company’s name underwent further change and now known as Dhunseri Investments Ltd., pursuant to fresh certificate of incorporation dated July 16, 2010 issued by the Registrar of Companies, West Bengal.
Dhunseri Investments Limited is an Investment Company registered with Reserve Bank of India as Non Banking Financial Company.
Analysis:
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:DHUNINV . The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 1300-1320 levels with the stoploss of Rs. 1250 on Daily closing basis for the following targets 1339.45, 1388.15, 1423.05, 1481.15, 1542.30, 1579.10 and 1626.60.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
TATAELXSI Stock Analysis - Flag and Pole FormationTATA Elxsi forms the flag and pole pattern, the market is at a crossroads, presenting traders and investors with both opportunities and risks. A careful analysis of the breakout or breakdown, along with volume confirmation, will be crucial in making informed decisions. Remember, while technical patterns provide valuable insights, it's essential to consider other factors such as fundamental analysis and market conditions. Stay vigilant, and let the market unveil its next move.
Granules India Breakout on monthly time frameAs you can see here Granules India chart, what does this chart show?
This chart shows us that it has given a breakout of a beautiful pattern i.e. flag and pole on a monthly time frame. As you can see on the weekly time frame, the stock had broken its nearest resistance and now it is ready to move more on the upside.
So now we can plan an entry for upside momentum, from the last two days this stock has been consolidating inside the breakout candle, making inside bars on a daily time frame. So our entry will be above the high of the mother candle i.e. 390 and our stop-loss will be of 30 points. The first target will be ATH(all-time high).
Hold this for a long time as the breakout is on a monthly time frame.
I'm not sebi registered so this is only for educational purpose, do your analysis first.
Daily Bullsih Flag Pattern BO in CARTRADE TECHIntroduction:
CarTrade Tech Ltd. operates an online marketplace for new and used vehicles. Its brands include CarTradeExchange and MotorExchange. The company was founded by Vinay Vinod Sanghi and Rajan Jitendra Mehra on April 28, 2000 and is headquartered in Navi Mumbai, India.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:CARTRADE . The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price. MACD gave Positive crossover on Weekly Chart.
One can create a fresh position in the scrip near Rs. 820-840 levels with the stoploss of Rs. 780 on Daily closing basis for the following targets 860.60, 879.55, 901.15, 925.40, 947.85, 959.35,981.25, 996.50 and 1020.10.
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.
Bullish Flag Pattern BO in Intense TechnologiesIntroduction:
Intense Technologies been positioned amongst AnyPrem CCM Software Leaders in 2022 Aspire CCM-CXM Leaderboard™.We have been positioned amongst AnyPrem Customer Communications Management (CCM) Software Leaders for Telecom, Insurance, Public Sector and Utilities verticals in the 2022 Aspire CCM-CXM Leaderboard™. Also, we are recognized as a ‘Leader’ in two other segments Vendor Hosted SAAS CCM and Communications Experience Platform (CXP) for the Utilities and Telecom verticals.
Analysis
A Bullish Flag and Pole pattern is visible on the Daily chart of NSE:INTENTECH The Flag and Pole pattern is a bullish continuation pattern and it is visible in charts after a meaningful appreciation in the price.
MACD gave Positive crossover on Daily, Weekly and Monthly chart. So, expecting the momentum to continue.
One can create a fresh position in the scrip near Rs. 105-109 levels with the stoploss of Rs. 95 on Daily closing basis for the following targets 113.15, 117.25, 121.05, 125.15 and 129.60
Risk Disclaimer:
The trading ideas and analyses presented here are for educational purposes only and do not constitute financial advice. Trading and investing in financial markets involve risk. You should carefully consider your own financial situation, risk tolerance, and investment objectives before making any investment decisions.
The information provided in this analysis is based on my personal interpretation of market conditions and the available data at the time of writing. It is subject to change without notice, and I cannot guarantee the accuracy, completeness, or timeliness of the information provided.
Trading and investing carry the risk of substantial losses, and past performance is not indicative of future results. Always be aware that markets can be unpredictable, and prices may move against your trade or investment.
It is advisable to seek advice from a qualified financial professional and to conduct your own research before making any investment decisions. You should only invest funds that you can afford to lose.
I am not responsible for any trades or investments made based on the information presented in this analysis. By reading and using this information, you acknowledge and accept that you are solely responsible for any losses you may incur.