A very clean Flag and Pole Breakout has happened in M&M in weekly basis. No wick in the Breakout Candle indicates a strong hold of Buyers on such level. Usually, such kind of breakouts give their targets very fast as price goes in Pole & Flag & then Pole pattern. Also, Price can come below for Retest making a much more suitable entry and Great Risk to Reward...
A classic breakout has happened in HDFC bank. It was a multiple times resistance near 1700 price range with more than one year time span. Also, its like CUP AND HANDLE pattern breakout in weekly basis. Price may reach upto lifetime high and pattern's target. Price may retest upto Handle's Low below which price is negative on sustaining basis. Follow and Stay...
Bitcoin has made double bottom base at around 53000 price range. Also in weekly time frame, coin is in consolidation to negative pattern which shows a FLAG AND POLE pattern possibility. Other support is near to 40000 to 40600 price range. In Monthly Time Frame it is just showing profit booking. If price breaks above 64000 in weekly candle or sustains above...
Reliance has already given breakout and is now retesting its support. An early entry can be made here with a small SL of 2850 on weekly sustaining basis and target levels are shown in chart. Also a safe entry can be made above 3050 with same SL and Same Targets. Targets are concluded based on flag and pole pattern and range breakout pattern and lifetime high...
Bajaj finance has already given breakout with strong weekly candle and is consolodating near 7400 price range as it has an immidiate resistance of 7400. If price sustains above 7400 in daily candle. Price can go upto Range High of 8000. Disclaimer: This is a research made by me for educational and research purpose and not an investment advice.