1. There is formation of typical Bullish Flag like pattern on Daily Time frame and breakout above 590 can take the price to 750/- price level I.e. potential of approx. 30% upmove with a stop loss below today’s low I.e. 517/-. Giving an excellent opportunity of 1:2 Risk : Reward. 2. As per Elliott Wave Analysis, wave - 4 is under formation taking support at 38.2%...
Pharma stocks have shown great bull run in past 6 months. I had shared idea of APL around 550 levels. Currently, stock is looking strong for continuation of rally post breakout. Happy trading. Please follow me if you like my analysis!
Pole n Flag: 1. More than 30 days into flag formation (sideways) 2. Support from 50 DMA; quick recovery & making Hammer 3. Double bottom formation within flag 4. Strong on revenue and earnings Prior strong uptrend tot continue.
A good 1 month consolidation is now showing sign of breakout. A good flag pattern is seen on the chart. Target and SL on chart
Wockhardt is breakout from flag pattern and moving towards a target of 800+, ~60%upside. Other factors: 1. Volumes have again started picking up 2. RSI is above 60 on a daily basis 3. MACD is becoming positive 4. Dec quarter results are shows sign of getting better - Revenue has increased and loss has reduced "Clean Charts, Easy Charts" Learning & Earning!! Cheers!!
Cipla flag pattern breakout can be seen. With the current market trend looks like Cipla can touch 1600 before reversal.
-- Waiting for the strong Trendline Breakout Candle with High volume -- Flag Pattern on Daily TF(Waiting for Breakout) -- Doji Candle formed On Weekly Candle at SUPPLY ZONE -- RETEST the breakout level -- ‘W’ Pattern BreakOut On Monthly TF -- So there are Multiple signals of buying but just waiting for strong Volume On Daily TF. Please Follow!!! (Also...
With a visible Bullish Flag pattern breakout, the stock appears strong, and is geared for an upleg journey towards the initial target of 740. Follow strict stop loss of 5-8% in case of trade going wrong. Also, be cautious below 404 as it may signal a downtrend. Note: Not a buy/sell recommendation. Consult your financial advisor.
LICI is showing momentum and also showing flag pattern breakout. I think it will give 200 point move from here.
Adaniport is breaking flag pattern with good volume rsi EDUCATIONAL IDEA
ACC breaking flag pattern with good volume rsi EDUCATIONAL IDEA
PNB is breaking flag pattern good volume building up trading above 20 ema EDUCATIONAL IDEA
Bankofbaroda is breaking f&p pattern good volume building up trading above 20 ema EDUCATIONAL IDEA
TATACHEM Futs is on the verge of breaking out of Flag Pattern on 15 min chart with aggressive decrease in OI suggesting strong short-covering. Risk:Reward very much in favour of bulls. Could be bought with mentioned stoploss & target.
JSW STEEL Monthly TF FLAG PATTERN and ALL TIME high break and retest level
NSE:DABUR Pole and Flag pattern Pattern kicks in above 573 590-5 seems to be resistance.
ABM International LTD Weekly Analyis CMP 68.65 Inverted Head and shoulder Breakout buy for target 85- 113- 130- 144- 160+ SL below 35
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