HDFC POLE FLAG BREAKOUTHDFC Has give a pole flag breakout and looks bullish , we can expect it soon to reach at it ATH.
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Poleflag
NIFTY making a good patternAfter good rally upside nifty consolidated for two days now and making a pole and flag pattern which is same as of BANK NIFTY both were in a good move and the good rally continue after this structure is broken. Please comment down below what do you think about the next move of these index.
Dhunseri Ventures LongDVL looks poised to give a high momentum up move.
2 Entry locations identified with relevant SL and target levels
Dhunseri Ventures has an operating revenue of Rs. 181.83 Cr. on a trailing 12-month basis. An annual revenue growth of 112% is outstanding, Pre-tax margin of 74% is great, ROE of 14% is good. The company has a reasonable debt to equity of 3%, which signals a healthy balance sheet
Dhunseri Ventures is involved in the business activities of Other financial service activities, except insurance and pension funding activities.
NMDC FLAG BREAKOUT !!!NMDC was forming a flag pattern which is broken today(29-07-2021) upwards , it is a clear breakout. Stock may retest a bit and if retest is successful , we can see a good upmove .
Target 1 is easily achievable, hence you should book most of the profits there. This can be a good swing trade.
This analysis was done by me only for educational purpose. Feel free to share your views/feedbacks.
HARITASEATING Consolidation on WeeklyIt is consolidating between 700 -780 on weekly chart.
breakout above 780 level could open up levels to 1000.
looks like pole-flag pattern on weekly
SAIL ( Long position)Flags are areas of tight consolidation in price action showing a counter-trend move that follows directly after a sharp directional movement in price. The pattern typically consists of between five and twenty price bars. Flag patterns can be either upward trending (bullish flag) or downward trending (bearish flag). The bottom of the flag should not exceed the midpoint of the flagpole that preceded it. Flag patterns have five main characteristics:
The preceding trend
The consolidation channel
The volume pattern
A breakout
A confirmation where price moves in the same direction as the breakout
BUY level - 120-123
target- 135-150-188
Stop loss- below 117 as per ur risk capacity
time frame- mid to long term (1 to 4 months)
adding quantity as per market trend and positive data.
thank you
flag & poleas there is mention in flag & pole pattern
target can be consider from pole length
and according to elliote wave theory
pattern repeat itself
here we took just small time frame for it
if market doesn't fall freely
and company doesn't give any bad result
then our pattern can show result what we have calculated
BANK NIFTY TOWARDS ALL TIME HIGHCATCH IT IF YOU CAN!!
Bank nifty has given a pole flag breakout and is strongly bullish for july month.
it has the capacity to go for all time high and a 3000 point move can be expected..
you can either invest in bank bees or short 35000 put options.
target=37000
major support= 35000
target duration= Mid. August.