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.
✅ If you like my analysis, please follow me here as a token of appreciation :)
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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.
✅ If you like my analysis, please follow me here as a token of appreciation :)
in.tradingview.com/u/lovishkhanduja/
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.