TIPSThis is looking very good on chart having two pattern BO in daily tf.
Pattern- Pole and Flag BO, Double bottom BO
Entry- 890-900
Sl- 820-840
Targets- 950, 1000
Disclaimer- This is just for educational purpose please take advice from your financial advisor before taking a decision.
Note- This is short term swing trade.
Poleflag
GVFILMS - Pole and Flag patternGVFILMS - Pole and Flag pattern
Check out the latest chart on $GVFILMS! 📊 The stock is currently forming a classic Pole and Flag pattern—a strong continuation signal that traders love. After a sharp upward move (the pole), the price has been consolidating within a tight range (the flag), indicating potential for another breakout! 🚀 Keep an eye on this setup as it could signal a powerful upward move if the breakout confirms. This could be an exciting opportunity for those looking to ride the next wave. Let’s see how it plays out—follow along for more updates!
#Trading #TechnicalAnalysis #StockMarket
RELIANCE | POLE+FLAG CONTINUATION!A strong pole & flag formation is seen in Reliance.
A strong pole is characterised by the absence of retracements i.e.., resembling almost a straight line. Stock has consolidated in a flag formation & appears to be testing the resistance with HH, HL formation. Such tests high a high probability of a breakout to occur.
The trade consists of a RR of 1:2. But this is NOT a Trade Recommendation. Please do your own analysis before entering positions.
Thank U:)
ASTRAL | BEAUTIFUL POLE + FLAG! | RR-1:3A strong pole & a flag consolidation is formed on Astral. Price hovering around the flag resistance indicates a breakout is highly probable. Price consolidating in All time High territory, so no resistance to the upside.
Disclaimer: This is NOT a trade recommendation but only my analysis. Please do your own research before trading.
AARTIPHARMA | FLAG & POLE CONTINUATION!Points to Consider before entering Trade :
_____________________________
1. A Flag & pole pattern with multiple touches of Flag boundaries
2. A healthy Breakout with HH, HL formation & Breakout Volume
3. Price now sustaining on Flag Support ( Earlier Resistance )
4. Target as the Pole Height
Disclaimer: This is NOT a recommendation to trade, but my own observation. Please do your own analysis before entering positions.
GenZ !!! Believe in TATA CONSULTANCY !!!- This Company needs no introduction at all.
- The larger picture is that of a Pole Flag Pattern.
- It can also be said that a cup is in formation.
Within the larger pattern, a Volatility Contraction Pattern has been witnessed.
At least 14% profits are clearly visible for the taking.
C'Mon DIXON C'Mon !- Annual Revenue rose 13.99%, in the last year to Rs 12,197.62 Crores. Its sector's average revenue growth for the last fiscal year was 24.13%.
- Annual Net Profit rose 34.36% in the last year to Rs 255.52 Crores. Its sector's average net profit growth for the last fiscal year was 5.85%.
- Quarterly Revenue rose 14.59% YoY to Rs 3,274.35 Crores. Its sector's average revenue growth YoY for the quarter was 12.51%.
- Quarterly Net profit rose 50.59% YoY to Rs 68.82 Crores. Its sector's average net profit growth YoY for the quarter was 26.16%.
- Mutual Fund Holding increased by 1.75% in the last quarter to 13.74.
- PE Ratio is high though at 113
- Company has reduced debt.
- Company has delivered good profit growth of 33.3% CAGR over last 5 years
- Company's median sales growth is 15.7% of last 10 years
CREATIVE has become Active. Can it become Explosive?Creative Newtech Ltd (Formerly known as Creative Peripherals and Distribution Limited) is a distribution and marketing partner of Global IT, Imaging and Lifestyle brands catering to their distribution requirements through its omni-channel presence.
IT/Gaming Products: The Co offers a range of IT hardware products like printers, supplies (cartridges), PC components (monitors, hard disks, SSDs, graphics card, RAMs, Memory Card, High end gaming accessories), and storage devices offered by multiple vendors.
Imaging: The Co offers a range of cameras, tripods and other imaging products.
Lifestyle and security: This segment includes products such as TVs, headphones, projectors, grooming products and other lifestyle products and IT accessories.
Clients
The Co caters to the distribution requirements of a number of globally renowned brands such as AOC, GoPro, Honeywell, Olympus, Philips, Samsung, Transcend, Zeiss, Marvel, Panasonic among others.
B2B eCommerce Platform
The Co launched Ckart, an online marketplace, which hosts all the Co’s customers and channel partners and allows them to view, share and trade in their inventory of products. Value-added services such as drop-shipment and virtual e-store/microsite on the platform make the platform unique.
The Co is looking to onboard more clients in the contract manufacturing division leveraging the experience garnered through Honeywell collaboration. It plans to become the digital one-stop-shop for all its customers in the supply chain through the B2B platform Ckart.
APOLLOTYRE is looking good for a healthy returnAPOLLOTYRE got a pole flag breakout recently and it is having a good consolidation after breakout. It has a gap to fill at ~255 in daily chart which I think it would fill before going up again.
the target comes as ~422 in flag pole breakout target and the price has a resistance ~416, the selling pressure would be seen there.
It can also be a very good long term stock as the parallel channel top gives a huge return.
Trend Analysis on TATA STEELTata Steel is forming a pole and flag pattern in 4 hours tf and expects an uptrend breakout in the coming month. I'm hoping for a price around 94-96 as a good entry point for short-term trading. Because of the previous major rejection, a reversal from the 108-110 level is expected on the above chart.
Granules long opportunityNSE:GRANULES
Stock -> Granules
TimeFrame -> Weekly
Hello all!
Granules has been forming a flag and pole pattern.
It finally broke out of the flag in the last week of September with heavy volumes and I believe this generates a good opportunity to go long!
There are multiple other factors that strengthen my conviction on going long
-The stock is taking support from its 50-week EMA
-Stock has support from both 50 and 200-day EMA
-Flag breakout occurred after a strong bounceback from the Fibonacci golden zone.
The Risk to Reward ratio is also decent.
*NOT A CALL*
Disclaimer: Markets have been behaving a bit jittery. Hence it's advisable to trade with a smaller quantity than usual and maintain a strict stop loss.
#granules #nifty #technicalanalysis #swingtrading #ema #fibonacci #poleandflag #markets #trading #investing
Ready to conquer and establish !!!TVSSRICHAK has given a breakout from the pennant pattern, stock was under
consolidation from the last 30 days after a strong up move and now it seems that
it's ready to resume its uptrend.
RSI trying to keep itself above 60 during the period of consolidation which indicates
the strength of the stock.
Buzzing volume further confirms the breakout.
It can make a new swing high above which we can witness levels of 2450.
Adani ports long opportunityNSE:ADANIPORTS
Stock -> Adani ports
TimeFrame -> Weekly
Hello all!
After a terrific bull run in 2020 and early 2021, Adani ports has been consolidating in a range since April 2021. It has finally given a strong good volume breakout after a year and this makes for a good opportunity for a long position.
The perfect entry would be after the retest of the upper flag trendline. Or partial buying can be initiated here and the rest can be done after retest so as to not miss in case of a straight-up move.
*NOT A CALL*
Apollo Tricoat Tubes- Nearing Upflag BreakoutHeadquartered in New Delhi, India, Apollo TriCoat is part of the APL Apollo Group. What makes Apollo different is its unusual approach to the business. The Company is not into conventional products, and remains focused on absorbing contemporary technology from various geographies to manufacture new-age products, which are often the first to be introduced to India.