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HEROMOTOCO - Flag and Pole - Breakout -DailyHEROMOTOCO - Flag and Pole - Breakout -Daily Name - HEROMOTOCO Pattern - Flag and Pole Timeframe - Daily Status - Breakout Volume - Good Cmp - 5578 Target - 7145 SL - 5266 Pattern : Flag and pole The flag and pole pattern is a popular technical analysis tool used by traders to identify potential continuation of a trend. Here’s a breakdown of its components: Flagpole: This is the initial sharp price movement, either upward or downward. Flag: Following the flagpole, the price consolidates in a small range, forming a rectangular shape that resembles a flag. Key Characteristics: Continuation Pattern: It indicates that the prevailing trend is likely to continue after the consolidation phase. Volume: Typically, the volume decreases during the flag formation and increases again when the price breaks out of the flag. Trend Direction: The pattern can be bullish (upward trend) or bearish (downward trend). Fundamental ratios: Here are some key fundamental ratios for Hero MotoCorp Ltd. (HEROMOTOCO): Profitability Ratios: Return on Equity (ROE): 18.5% Return on Capital Employed (ROCE): 22.3% Net Profit Margin: 10.4% Valuation Ratios: Price to Earnings (P/E) Ratio: 19.2 Price to Sales (P/S) Ratio: 2.75 Enterprise Value to EBITDA (EV/EBITDA): 19.18 Solvency Ratios: Debt to Equity Ratio: 0.05 Current Ratio: 1.5 Efficiency Ratios: Asset Turnover Ratio: 1.2 Inventory Turnover Ratio: 5.3
NSE:HEROMOTOCOLong
by VCharts_TA
Grasim Industries - Bullish Flag PatternLet's break down the analysis provided for Grasim Industries Ltd based on the bullish flag chart pattern, as outlined by Arvind Share Academy. This is for educational purposes, so here’s how you might evaluate and implement such a trade: Trade Plan Breakdown Current Market Price (CMP): ₹2700 Context: This is the price at which Grasim Industries Ltd is currently trading. Understanding the CMP helps to set up entry and exit points effectively. Buy Above ₹2725 Entry Point: The suggestion to buy above ₹2725 indicates a breakout level where the stock price is expected to move higher if it surpasses this level. This price is above the consolidation phase (the flag) and is likely where the upward momentum should resume. Purpose: This strategy aims to enter the trade only when the stock shows a confirmed breakout from the bullish flag pattern, reducing the risk of buying into a false breakout. Stop Loss (SL) at ₹2640 Risk Management: The stop loss is set at ₹2640, which is below the flag pattern and recent consolidation lows. This level is crucial for limiting potential losses if the trade does not go as planned. Rationale: Setting the stop loss at this level protects against significant downturns while allowing some room for price fluctuations. Target 1: ₹2865 First Target: This level represents a near-term profit-taking point. It might be based on technical projections from previous resistance levels. Strategy: It’s often wise to consider taking partial profits or reassessing the trade when the stock reaches this level, especially if it faces resistance. Target 2: ₹3000 Extended Target: This target is set higher, assuming that the bullish momentum continues beyond the initial projection. This level reflects a more optimistic outcome and suggests further potential upside. Strategy: As the stock approaches this level, monitoring its behavior is key. Adjusting stop losses or taking additional profits may be prudent if the stock shows signs of reversing.
NSE:GRASIMLong
by Arvind_Share_Academy
Indian Oil Corporation Ltd. (IOC) ChartThe chart appears to be displaying a flag and pole pattern. This pattern is characterized by a sharp price increase (the pole) followed by a period of consolidation (the flag) before a continuation of the uptrend. Pole: The sharp price increase from the November 2023 low to the early 2024 high represents the pole. Flag: The subsequent consolidation period, marked by a rectangular pattern, is the flag. Breakout: The price has recently broken out above the upper trendline of the flag, indicating a potential continuation of the uptrend. Volume: Increased volume during the breakout confirms the strength of the move. Assuming the price holds above the breakout level: Buy: A potential buy entry could be considered near the current price or after a slight pullback. Stop-Loss: A stop-loss could be placed below the recent low or the lower trendline of the flag. Target: The target can be estimated by measuring the height of the pole and adding it to the breakout point. Disclaimer: This analysis is based on the provided chart and is for informational purposes only. It does not constitute financial advice. Always consult with a financial advisor before making investment decisions.
NSE:IOCLong
by supertraders_india
1
Nestle bullish flag patternNestle india. Bullish flag pattern breakout and re-testing. Ready for the new trend and new ATH soon. As per current market volatility FMCG is bit defensive sector to invest. RSI divergence is also clear & visible to take support from the rock solid bottom. Follow the given levels on the chart. Some cross intersecting lines are important levels & targets. 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.
NSE:NESTLEINDLong
by ashishhc
Bull movement to come immediately in IDFCStock selected in daily TF Sector support - positive Stock recovered immediately from support zone which confirms it as significant support zone and now weak pullback at minor resistance. VSA principles Despite increasing volumes in pullback , price is displaying strength August 26 Bar showing strength since it is a down close bar with same spread as last two bars but volume higher than many bars of past. This shows smart money buying in pullback at low prices and retail traders exiting which curbs unnecessary supply in higher prices at higher levels. This is a clear signal of strength Today’s candle confirms that yesterday signal and gives every opportunity. Lower time frames in four hours and seventy five minutes, volume built up is observed only on lowest prices indicating clear smart money support. Last bar in four hour timeframe and 75 min time frame of today is narrow spread with ultra high volume with price close at lows . Target can be 120-124 with minor resistance zones at 116 and 118
ILong
by Vijz1_Vijz1
Bull movement to come immediately in IDFCStock selected in daily TF Sector support - positive Stock recovered immediately from support zone which confirms it as significant support zone and now weak pullback at minor resistance. VSA principles Despite increasing volumes in pullback , price is displaying strength August 26 Bar showing strength since it is a down close bar with same spread as last two bars but volume higher than many bars of past. This shows smart money buying in pullback at low prices and retail traders exiting which curbs unnecessary supply in higher prices at higher levels. This is a clear signal of strength Today’s candle confirms that yesterday signal and gives every opportunity. Lower time frames in four hours and seventy five minutes, volume built up is observed only on lowest prices indicating clear smart money support. Last bar in four hour timeframe and 75 min time frame of today is narrow spread with ultra high volume with price close at lows . Target can be 120-124 with minor resistance zones at 116 and 118
ILong
by Vijz1_Vijz1
Is KPI Green's Flag Unlocking the Potential for a Remarkable 82%NSE:KPIGREEN 📈 Unleashing Potential: KPI Green's Technical Breakout Opportunity 🚀 The breakout of KPI Green, from a flag pattern is supported by trading volumes. There is evidence of institutional accumulation on specific dates; May 16th & 17th June 12th & 14th and June 20th to July 11th. The rounding bottom pattern that is forming adds to the outlook. There might be a resistance zone around 980. As long as support remains above 885 the flag patterns strength will continue. If KPI Green consolidates around the 980 level there could be a breakout that presents a trading opportunity. In addition to indicators it's worth noting that KPI Green has fundamentals. For those interested, in ratios and data further information can be found in the comments section. (Disclaimer: Information provided for educational purposes only. Not financial advice. Trading involves risk. Consult a professional before making decisions.)
NSE:KPIGREENLong
by sandeshprabhu85
3