Poleandflagpattern
Trendline BrekaoutHere is a Government Company. now started moving after making a base in a weekly time frame.
Its been in the range Since 2017 and has also passed the Covid Crash and even then respected the same levels. It started its rally back then in 2014 and continued till 2019 and since then it is consolidating at the same level.
It has started moving after taking its previous support i.e. 200, But was not giving breakout of its short term downtrend line since 2019. Now it has given a breakout with a bullish candle and hence can be traded.
Entry - At the same level i.e. 230
Stop Loss - At the last swing i.e. 210
Reward - there is ling term resistance at 270. (One can check the price action there as it may give a breakout this time.)
#keep learning
*This is a swing trade and can take 1 month to 3 month time.
TATAPOWER--> POLE & FLAG BREAKOUTNSE:TATAPOWER
TECHNICAL ANALYSIS
--> TATAPOWER had made a impulsive upmove earlier and was consolidating in Flag Pattern since 6 months.
--> TATAPOWER has given a breakout from a POLE & FLAG Pattern.
ENTRY
--> Take a postion when stock gives 1 HR closing above 280.
STOPLOSS
--> SL can be placed below the Breakout Candle which is 249.
TARGET
--> Target will be the height of the Pole.
long on tata powerThe stock is moving within range of 200-250 since last 4 months
a breakout and a retest is been done at 1 day timeframe
do check its delivery by searching - security wise delivery position
confirmations-1- bullish engulfing at after breakout
2- huge jump in volume
I'm not a SEBI registered person . Please ask your financial advisor before investing / trading
BURGER KING WITH A FLAG PATTERN - "BUY TAG"Flag Pattern in Burger King
Tine to cross Target < 2 months
Target - 170, 172, 175, 177
(if it crosses levels of 162)
Stop Loss = 159 if it crosses levels of 162
Burger King is a strong company with increasing sales.
It will become stronger as India is moving towards UNLOCK after covid.
Please Like my Idea
Thank YOU!!!