Satin Creditcare — Flag & Pole Pattern Signaling Continuation?Satin Creditcare — Flag & Pole Pattern Signaling Continuation? 🚩
Satin Creditcare appears to be forming a classic bullish flag-and-pole continuation pattern after a sharp impulsive rally.
The stock rallied strongly from the ₹140 zone to ₹240, and has since been consolidating in a tight range — often a sign of healthy profit booking before the next move.
Key levels to watch:
* Breakout zone: ₹240–245
* Support / Stop-loss zone: ₹220
* Consolidation base: ₹205
A decisive breakout above ₹245 with strong volume could trigger the next leg higher.
Potential upside targets:
* Target 1: ₹274
* Target 2: ₹309 (Fibonacci extension)
* Target 3: ₹345–350 (flag & pole measured move)
The tighter the consolidation near highs, the stronger the probability of a continuation breakout.
Keep this one on the radar for a momentum move. 📈
Disc: Not SEBI registered. For educational purposes only. Please manage risk.
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Long