Chart pattern looks good for the long trade with minimal risk Bullish pole pennant formation yet to give Breakout Nothing much to explain, As the chart explains the situation Bright green dashed lines- Target levels Bright red dashed line- SL Entry can be now or after the Breakout of the pennant. Let's wait and watch how it moves!!! NOTE - Just...
Please see in this stock it has formed pole and flag pattern which is one of the bullish pattern and the stock is now expected to make an upmove of the height of the pole which is approx 70 points from 170. So this stock is expected to move towards 240 now.
Nice and Clean Flag and Pole pattern Spotted in ICE MAKE REFRIGERATOR LTD. At first I didn't thought that this pattern will gonna work but when i put weekly Time frame then i saw a Major Resistance From December 2020 which was about to be broken if this pattern work Nicely. As you can see market was in Almost sideways for almost 18 Months and since then it...
REASONS FOR ENTERTING TRADE 1. A pole flag structure with the base of the flag bouncing off the 200EMA. 2.This 200EMA bounce point coincides with the long-term support trendline, 3. & the 61.8% retracement of the pole. 3. Price sustains above the flag range after retest Buying above 65 for a projected price target which is set as the pole height, from the...
tata steel bsl is getting in very attractive valuation buy it for an 1target-108/-
This stock is making carious breakout pattern continuosly. people are trying to push this stock up very safely now currently its forming pole and flag as you can see buy at cmp target 2600 plus holding period 2-3 weeks
Apollo Tyres has formed a good Flag and Pole pattern in 1W candlestick chart. Expecting Target 1 261 and Target 2 305 with a stop loss of 190 with a candle closing.
Bank of baroda previously made bullish wolfe wave and started journey, now a pennant on 2hrs timeframe making it more bullish. Targets on chart...
nifty 50 pole & flag for target 15300 in a week 18/02/2021
Dont trade in BANKNIFTY now,trade after brreakout of PEANUT&POLE!
Falg pole pattern Possible tgt 140 & 146 mcpriceaction
Disclaimer: It is very important to do your own analysis before making any investment based on the chart mentioned here. Trade wisely!
Everything in chart Weekly chart: Rounding bottom breakout done already. ADX: above 30 indicating strong trend.
Everything in chart. Go long only on a good volume breakout in this 15min chart. Good luck.
The stock has broken out of the pennant formation with great volumes. One can go long for target of the pole's height "d" as given in chart. SL can be at the new trend line support of pennant or the low of previous breakout candle. Still stay cautious as may dip a little due to doji formation or may go up. (doji indicates indecisiveness).