---
## 🚩 **NAZARA TECH – Bullish Flag and Pole Breakout**
### 📍 **Pattern: Flag and Pole**
* **Pole**: A strong vertical rally of **₹333.90** (\~33.7%)
* **Flag**: A downward-sloping consolidation (tight range), indicating **temporary pause**
* ✅ **Breakout from flag** with **volume spike** confirms continuation
---
### 📈 **Price Action & Levels**
* **Pole Base**: \~₹990
* **Pole Height**: ₹333.90
* **Breakout Point**: \~₹1308
* **Target Projection**: ₹1350+ ₹333.90 = **₹1638** 🎯
---
### 📊 **Technical Strength**
* ✅ **All EMAs** (8, 21, 55, 144) are bullishly aligned
* ✅ **Volume** surged on breakout, validating the move
* ✅ **RSI** broke out of downward trendline, resuming upside momentum
---
### 🔍 **Key Levels**
* **Support**: ₹1240 (flag base), ₹1089 (pole base & rectangle top)
* **Resistance**: ₹1342 (current high), then **₹1590+** (target zone)
* **Stop Loss (Swing)**: Below ₹1305 or ₹1240 zone
---
### 🧠 **Bias**: **Bullish Continuation**
Ideal for swing trades; entry on breakout retest or momentum continuation.
## 🚩 **NAZARA TECH – Bullish Flag and Pole Breakout**
### 📍 **Pattern: Flag and Pole**
* **Pole**: A strong vertical rally of **₹333.90** (\~33.7%)
* **Flag**: A downward-sloping consolidation (tight range), indicating **temporary pause**
* ✅ **Breakout from flag** with **volume spike** confirms continuation
---
### 📈 **Price Action & Levels**
* **Pole Base**: \~₹990
* **Pole Height**: ₹333.90
* **Breakout Point**: \~₹1308
* **Target Projection**: ₹1350+ ₹333.90 = **₹1638** 🎯
---
### 📊 **Technical Strength**
* ✅ **All EMAs** (8, 21, 55, 144) are bullishly aligned
* ✅ **Volume** surged on breakout, validating the move
* ✅ **RSI** broke out of downward trendline, resuming upside momentum
---
### 🔍 **Key Levels**
* **Support**: ₹1240 (flag base), ₹1089 (pole base & rectangle top)
* **Resistance**: ₹1342 (current high), then **₹1590+** (target zone)
* **Stop Loss (Swing)**: Below ₹1305 or ₹1240 zone
---
### 🧠 **Bias**: **Bullish Continuation**
Ideal for swing trades; entry on breakout retest or momentum continuation.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.