RAIN INDS - History & Patterns RepeatThe stock is riding the Parallel Channel.
It has been repeating the cup breakout pattern and climbing up.
While it about to repeat itself again, it is also breaking out of a Flag pattern.
Poleflag
Reliance LongReliance is looking bullish in Daily Time Frame and forming a Pole and Flag Pattern.
After breaking the flag level it could go up.
MAITHAN ALLOYS LTD - Multiyear BreakoutOn the weekly chart , a multi year breakout has been witnessed.
The overall picture suggests a cup in formation.
MOTHERSUMI LongMOTHERSUMI has made a pole and flag pattern. Right now it is sitting at 244.65 and once it will break 249, then it could go up in the coming days.
CDSL Big BreakoutHere in this chart analysis, we'll get to catch a swing trade of approximate 13-14 % in CDSL.
In chart you can see a very clear pattern of FLAG&POLE. And 15 min chart is also showing a dynamic support of EMA 200. HERE the shape of FLAGE is symmetrical triangle. CDSL is about to give a breakout through the upper resistance of the FLAG . What should you suppose to do in this situation is ,,,,,,, wait and watch for the break breakout. Thereafter you just buy CDSL and wait for a handsome profit of 13-14 %
ALL THE BEST
HAVE A GOOD PROFIT AHEAD
DISCLAIMER :- This analysis is for educational purpose only. Don't take it granted as buy/sell recommendation.
Bulls ruling over bears...NSE:IGL had been facing resistance against T2 and taking supports over T1 while making a triangular or pennant pattern. We may be able to see a successful bullish breakout ( T2 ) and low PCR right now and this may let the bulls take their charge.
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Bulls are taking their chargeNSE:PEL had been in a downtrend since the start of March 2020 while facing resistance against T2 and support over T1, crafting a pole & flag pattern. From mid April, it has been trading in a range (T3 & T4) after getting a 50% retracement. We can see bullish breakout that may give us a good upside move in future.
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Let's try again.....NSE:GAIL has given a bullish breakout once again by breaking T3.
One may re-enter in it with a stop loss below 145.
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Bulls are back in the ground...NSE:RELIANCE had been under performing from last 3 months approximately. At the current moment, NSE:NIFTY has its bulls on despite Reliance being under pressure. Now, we may see that NSE:RELIANCE has crafted a Pole & Flag pattern that may let the bulls take their charge and lift it up as well as NSE:NIFTY
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Bears are out...NSE:ITC has not given us a excellent upside move till now. At the current moment, it is crafting a falling wedge pattern ( T1 & T2 ) that has a huge potentially to kick in the bulls once a successful breakout occurs.
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Cipla, Pole and FlagCipla is forming a pole and flag pattern, with the price action during the last two months. A breakout from the upper end of the flag can be traded for a small target of the 52 Week high at 966 and second target with the fibonacci pivot if the trader feels comfortable. The SL can be set at 900.
Note: Please do not follow my idea blindly, analyze yourself as well. I just share my idea so that people can build upon the same. The idea I share is open to healthy criticism and feedback :)
Catch the bulls........NSE:MRF had started its rally from 55000 to 98500 and then retraced 50%. Currently we are able to see a wedge or pole & flag pattern in the chart which has given us a bullish breakout with low PCR and ready to move towards sky. One may trade it as per price action.
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Bector Foods Pole n Flag Mrs. Bector Foods: A woman-run food business with speciality in cream cakes, pastries, buns for burger and supplier of Pizza base to welknown names like McDonald, Burger King.Different varieties of cream biscuits and Indian ready-t-cook flat bread named Kulcha bread. Mrs Rajani Bector running the business with brands like Cremica and English oven, makes this share good to add in your portfolio in small quantity.
Technically, it has formed Pole and Flag pattern. Buy at 390-385, SL 375 closing basis and Targets 400-420++ (Medium term)
(Disclaimer : Do your own analysis, not a SEBI registered)
ASIAN PAINTS - Fresh Journey BeginsStock has crossed above the Ichimoku Cloud and seems set to head back towards its All time High.
From another perspective , one can also say that there was a breakout from a Pole Flag pattern on the day of Breakout.
LINDE INDIA - Awaiting Breakout !This chart is on the request of a well wisher. Credit to him for spotting another good chart after Kirloskar Ferrous.
While the stock has run up quite a lot, one may think that it has reached a point of saturation but I believe, the stock is turning around again to form a continuation pattern (Flag Pattern / Pennant pattern) and the journey continues.
This could be a very explosive stock "if it breaks out with good volumes". This stock should be on everyone's watch list in the coming days.
I will update the thread on the quality of its breakout if and when it does.
Pole and Flag pattern breakout in bankniftyPole and flag pattern breakout good signal to buy banking stocks
WIPRO Channel BO Swing TradeAfter correction/consolidation for 2.5 months, Wipro is set to breakout from Channel and move towards Higher Highs
Breakout Price - 429, Buy above 429 with SL 400
Target 1 - 482, Target 2 - 516
HIKAL LTD - Flag + HnSBreakout from the Flag Pattern on Weekly Chart.
The stock is attractive even at CMP but given the market scenario awaiting a Breakout from the Inverted Head and Shoulders Pattern would be ideal.
Affle India pole-flag breakoutPole flag breakout, confirmation in next one candle, Target details shared in chart
as per my experience this can be break out.
SL -5300
