Flag
Nifty Analysis: Potential Bearish Flag Pattern?The recent market activity suggests caution for Nifty as a potential bearish flag pattern might be forming. We've observed a "sell on rise" behavior over the past 3-4 sessions, indicating bearish sentiment. For Nifty to break free from this bearish spell, it needs to sustain above the 24,640 mark.
Key Levels to Watch:
Immediate Support: 23,940
Immediate Resistance: 24,390 and 24,490
Traders should keep an eye on these levels for any breakouts or breakdowns, as they will be crucial in determining the market's next direction. A decisive move above 24,640 could signal a shift in momentum, while failure to hold above this level may reinforce the bearish outlook.
Disclaimer: This analysis is for informational purposes only and should not be considered financial advice. Always conduct your own research and consult with a financial advisor before making any trading decisions. Trading in financial markets involves risk, and past performance is not indicative of future results.
Krishna Institute of Medical Sciences Ltd: Bull Flag Krishna Institute of Medical Sciences Ltd: Bull Flag
25% 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(:)
Webelsolar - Flag and Pole Formation. Best above - 647#WebelSolar -
What an excellent results delivered by this co.
Blockbuster Q1FY25 👏
Solid turnaround 👍
Rev at 111cr vs 0.18cr, Q4 at 25cr
PBT at 32cr vs -4cr, Q4 at -31cr
PAT at 23cr vs-5cr, Q4 at -58cr
Q1 EPS at 5.4rs
The Stock has formed Flag and Pole pattern on the weekly charts
One can enter above
One can enter above 647 with strict stop loss of 537
Targets - 745/962/1150
Disclaimer : Educational Content. Please do your own research.
IOC bullish above 175IOC will become very bullish above 175. It is in long consolidating phase. so breakout will make it shoot.Keep in radar. It has lot of potential. 200 is straight target Then according to fibo extension you can trail the targets but i tell you it has potential to become double in short time.
Forcemotors - flag & Pole BO - Best Above 9700#ForceMotors Posted Excellent Results
Solid Q1FY25
Rev at 1884cr vs 1487cr
PBT at 186cr vs 110cr, Q4 at 210cr
PAT at 115cr vs 68cr, Q4 at 140cr
One can enter above 9700 with Stop loss of 8027.
The stock can see target of 10,000, 13000 , 15K, 18K and 20K
Disclaimer : Please treat this as a Eductional content.
IDFC first bank move will startIDFC first bank is now ready for the move. It has good breakout in D W M timeframes. in 15mnt it was also retested too. According to my thinking this stock can double very quickly. Please also see previous breakouts which i mentioned for demo (grey area). The longer the consolidation the higher it can go so this time is has nearly 1yr consolidation breakout. So it will go long way. First immidiate target is 100 then further move according to fibo extensions. Move is till 230 but i cant show in one screen. Please follow my given targets & i will keep updating this post.
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.
All Cargo Logi -Buying Opportunity 30-40% return or double moneyOn Day chart we can see double top pattern which indicates bearish market.
looking at the current chart 59 is acting strong support for stock and also by seeing volumes and delivery percentage of the stock is indicating strong buy signal.
on long term perspective one can double their money in a coming year.
i would recommend to buy at 60-61 with target of Rs80