Get started

Poleandflag

All target done... counter trendline setup with patterntrade setup- counter trendline with pole and flag pattern or consolidation near counter trendline There are four touches which is enough for validation of a counter trendline to trade whenever there is breakout. If you see at second time touch (6 april to 29 april) , there is pole and pattern but it failed to breakout. Now, 4th time touch to counter line & gave breakout & all targets done. Anybody can use this setup for upcoming trades in other script. Lets start to find more trades Happy Swing Trading!
NSE:PGILLong
by mahhisingh
RELIANCE a good medium term betShows signs of short term trend reversal (bearish to bullish), and continuation of long term trend of bullish 1) Took support on 200 Day Moving Average 2) reversal from 61.8% retracement level of Fibonacci support level 3) Head and Shoulder pattern neck line Breakout 4) Flag and Pole pattern 5) Trend line Breakout 6) reversal from June Highs of 2375 for Short term Trade, keep stoploss below 2329 and for medium term keep stoploss below 2289 all levels in chart..
NSE:RELIANCELong
by MIRACLE2128
3
ZEEL: Potential Pole & Flag pattern trade ZEEL - on hourly chart we see a shooting star on 15 Sept with a high of 300.75 & closing at 266.90 - on a closing basis highest close on hourly chart is of 271.35 - today, we observe a Pole & Flag pattern in ZEEL this is usually seen as a continuation pattern Target for the current set up 236 / 233 / 228 ______________________________________________________________________________________ Given the set up, one may consider to sell 275 Call option closing price is 9.15 (yield potential is approximately 10% on margin requirement) The strategy covers risk for a rise in ZEEL price up to 284.15 till 30 Sept expiry which is higher than the highest hourly close so far. Take care & safe trading...!!! Disclaimer - The view expressed here is my personal view - Past performance is not a guarantee for future predictions - Use this for educational purpose - Any decision you take, you need to take responsibility for the same - It's your hard earned money. Treat it wisely - Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance - if trading in F&O, understand that F&O trading involves risk - Do take proper risk management measures - Do your own analysis and consult your financial adviser if need be
NSE:ZEELShort
by indiamarketoutlook
6
Indigo potential long opportunityNSE:INDIGO Hello all! There is a pole and flag pattern forming in Indigo. The stock has been consolidating inside the flag since November 2020. I see a long opportunity here and there are two major reasons for that. The first being pure price action i.e the stock being at the bottom of the flag. The second being that the stock is taking support from its 50 week EMA. The targets can be set at the top flag trendline and can be pushed further to the top of the upper channel if the stock breaks out. Also, the Reward to Risk ratio is decent. Would love to hear your thoughts on this!! HAPPY TRADING!! *NOT A CALL*
NSE:INDIGOLong
by Traders_Town