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Hightightflag

ISGEC setting up to make new highs ISGEC chart looks strong, any dips near 600 will be a strong buy, company has recently started operations in its new ethanol plant, and is a major player in many sectors. I have already made a position. This is a positional pick. Stoploss can be placed @ 540 *DISCLAIMER* This analysis is only for educational purpose. I am not a SEBI Registered Analyst/Advisor. Please consult your financial advisor before taking any position and please use a Stop Loss for any Investments/Trading Positions. It is your hard earned money so give risk management your highest attention. Do take this disclaimer seriously.
BSE:ISGECLong
by nishant_bhatt
Setup - Hight tight flag | Part - IThis is the first part of the video series where I will explain how a high tight flag setup should look like. This will help you shortlist your focus stocks from the stocks that your scanner throws out. A high tight flag setup should have the following characteristics. Here I am using daily timeframe: - The pole is steep. Means high percentage move in a few days. - Pole consists of big and high volume candles which close at top of the range - The flag (pullback) should be shallow - retracement less than 50%, preferably less than 30% - The pullback length should be less than 10 candles. More than 10 indicates lack of buying urgency from institutions, hence dying momentum - From left to right the flag should get tight (small range candles) and volume should start drying indicating lack of sellers We go through these three examples to explain the point above: - IRCTC - CHOLAFIN ABCAPITAL
NSE:ABCAPITALEducation
by vc_blr
3
How to profit from High tight flag pattern The high tight flag chart pattern is an extremely bullish formation. It is formed once a stock rises sharply by 50-100% within a few weeks or 1-3 months. After that stock pullback is small i.e. 25-30% In the next step the price tightens up i.e. small candles or less volatility in the price Finally, the stock breaks out with heavy volume The stop can be low on that day. Once the stock breaks out trail your stop loss to 10-20 SMA. This setup can be highly profitable for the traders. I found this setup for TCI and it worked as expected. Hope you like it.
NSE:TCIEducation
by ObliviousChart
1