Banknifty is forming bullish pole and flag pattern in 15 min time frame. Breakout on either side can give you a good target. It is for intraday trading.
NSE:AUROPHARMA Levels already mentioned..
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Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is...
ULTRAMAR has given pole flag breakout on weekly chart and retested it then two continuous bullish candles on weekly basis.
on Daily scale it is forming rounding bottom with a high around 290 levels.
280 levels look like resistance on weekly scale of closing basis.
if it sustains above 280-300 level it can go upto 380 followed by 430 levels.
JUSTDIAL has formed a Pole Flag Pattern on Weekly chart and it shows that it has given breakout today, if it sustains for this week then it is clear b breakout. keep this on radar for this. it has a potential to reach 1000 levels.
Narrow CPR on Daily Chart
RSI - 75 on Daily, indicating bullishness.
SONATASOFTWARE has formed pole flag pattern on daily, it is facing key resistance on daily scale and 430 has become all time high, if it breaks 400 level with volume it can reach upto 430 which is all time high. keep this stock on radar.
on weekly closing basis, 400 has become highest price ever.
Now this is struggling to cross 400, flag breakout gives potential...
ITC IS BEST IN FMGC SECTOR
AS PER MY OBSERVATION ITC CHART IS MAKING A POLE AND FLAG PARTTERN
WHICH IS A VERY GOOD UPSIDE SIGNAL FOR TARGET OF 230 240
HOW EVER ITS A GOOD COMPANY TO KEEP IN LONG TERM PORTFOLIO
MY SHORT TERM TARGET 230 240
LONG TERM TARGET 300 (MARCH2021)
STOP LOSS 207 .
FIRST STUDY THEN INVEST.
HAPPY TRADING. :)
We can observe a channel in TCS in 30min timeframe. Also it looks like a pole & flag pattern. There are high chances for TCS giving breakout in coming trading sessions. You can add this stock in your watchlist and keep track of it. You can initiate long position when price crosses the high of breakout candle with the sl of nearest swing low. Risk management is the...
SNOWMAN BUY around 64-70 zone . Targets: 85/95/105++++
SL: Below 50
Points:-
1. SNOWMAN fundamentals are very strong as it preserves vaccines and is the largest importer of the vaccine .
2. Sentiments are also with the SNOWMAN.
3. Like the prices are going up after 2 years of consolidation .
4. It will break the 70 level and continue the really up to...
Pole Flag breakout can be seen in this, after rallying upto 330 levels, it has retraced to 50% level, and started rallying. if it sustains above 304 level it can rally further. on hourly time frame it has given breakout of downward channel, it can rally upto 330, which is previous swing high, we observe price action once it reaches there.
Britannia is making a pole and flag pattern and it is on the verge of a breakout which could take it to new highs.
All information available on charts. Targets given....Stop loss as per your risk....
POLE AND FLAG IN GALAXY SURF BUY ON BREAKOUT ITS HAVING HIGH VOLUME ACTIVITY SINCE
LAST 10 DAYS IF CROSEES 2010 CAN GIVES 150 PTS UPSIDE MOVE CHECK MY PREVIOUS IDEA ABOUT GALAXY SURF ITS USEFUL FOR YOU
LIKE AND COMMENT PLEASE TO BOTH IDEA/DONATE SOME COINS BY PRESSING CHEER BUTTON
Infosys is forming a Flag & Pole pattern on 1 hour chart.
Not yet given a breakout, but if it breaks, the mentioned levels can be followed:
BUY @ 1150
SL - 1130
TGT 1 - 1160
TGT 2 - 1180
