Poleflag
AUROPHARMA Flag and Pole pattern NSE:AUROPHARMA Levels already mentioned..
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BSE: ULTRAMAR pole flag breakoutULTRAMAR 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 Pole Flag on WeeklyJUSTDIAL 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 Pole FlagSONATASOFTWARE 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 upto 450 levels.
Multiple patterns on Multi Time Frames - DHANUKADHANUKA has shown multiple chart patterns on different time frames.
Strong results posted in the last two quarters.
Monthly:
Rounding Bottom
Cup & Handle Pattern
Both these patterns are showing highest upside potential of 1550 levels.
Weekly:
Pole Flag
Pole Flag has a potential to reach 1330 levels.
Daily :
Triangle pattern
Triangle breakout shows signs to reach 980 levels.
This stock has taken strong support 700 levels, expecting this to retest 200DMA which is also close to that level.
Note: Keep this stock on radar..
ITC CHART MAKING A GOOD POSITIVE PARTTERNITC 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. :)
TCS CHANNEL / POLE & FLAG 30MWe 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 key. Happy Trading!
SNOWMAN BREAKOUTSNOWMAN 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 96 around.
5. It also makes Pole and Flag Pattern with High Volumes .
POLE FLAG in MAHSEAMLESPole 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.