Here 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...
long on tatamotors as it is giving pole and flag pattern breakout
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. Like, Follow & Share for new updates.
NSE: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. Like & Follow for new updates.
NSE:GAIL has given a bullish breakout once again by breaking T3. One may re-enter in it with a stop loss below 145. Like & Follow for new updates
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 Like & Follow for new updates.
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. Like, Follow & Share for new updates.
Cipla 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....
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. Like & Follow for new updates.
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Stock 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.
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...
Pole and flag pattern breakout good signal to buy banking stocks
After 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
Breakout 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.
Simple chart of a flag breakout and is above all important moving averages.