Siemen forming a Flag and Pole pattern on the bearish side.A bearish Flag and pole pattern in Siemens.
The stock has fell from 8000 to 4600 and recovered back to 5300. If there is a break down of the parallel channel, it can retest the recent low of 4600.
It is trading below 100 and 200 EMA on the daily charts. There will be resistance from the levels.
Wait for the break down and let stock price test the recent low.
Enter only once the stock has given a break down, else avoid entering the short trade.
Flag
Mazagon Dock - Flag Pattern!!!Mazagon Dock is looking super good both on Fundamental & Technical pattern on account of following:
1. Consistent profitability from 2o years + dividend and no debt
2. Only Shipyard to be conferred Navratna Status
3. Capex planned for next 4-5 years - INR 5000 crores
4. World class infra - Capacity of building 11 Submarines & 10 War Ships concurrently
5. Technically, it is making flag pattern and then giving a breakout. It take support on 200EMA.
6. It is consolidating from last 9 months and
possible pole n flag breakout in GLOBUS SPRITISStock Overview
Stock Name: Globus Spirits Ltd.
Exchange: NSE (National Stock Exchange of India)
Current Price: ₹881.20
Business Profile: Globus Spirits Ltd. is a leading player in the alcoholic beverages industry, specializing in the production and distribution of Indian Made Foreign Liquor (IMFL), Country Liquor, and Bulk Alcohol. The company operates across multiple segments, catering to diverse consumer preferences.
Key Levels
Support (Yellow Zone): ₹709.65
Swing Zone (Green Zone): ₹1,310.20
Bajaj Finance: Defying Market Correction with Potential BreakoutTopic Statement:
Bajaj Finance has remained strong despite the broader market correction, and a breakout above its key resistance level could trigger a new rally.
Key points:
1. The stock continues to move upward despite the market correction.
2. The price is approaching a critical resistance level at 8,200.
3. A breakout from this triple-top resistance could lead to further upside momentum.
SRF: Resilient Amid Market Correction & Faces Strong ResistanceTopic Statement:
SRF has held up well compared to the broad market correction, but it now faces a crucial resistance level that will determine its next move.
Key points:
1. The stock is moving in a sideways zone with clear accumulation and distribution levels.
2. The price is attempting a breakout from the distribution zone but faces stiff resistance at the level of 3,000.
3. Weekly RSI is at 68, indicating overbought conditions.
4. The company has a high PE of 73.9, suggesting the st
NIFTY Predictions (wave pattern and Fibonacci study based)Hello everyone,
Nifty Almost bottom done spot 22550 closing before the elections in india now Nifty PE ratio is 20 which looks attractive undervalued. most probably till september-octber 2025 market going to break previous lifetime high its all for study purpose RSI is oversold
Flag and Pole in Nifty. 22500 or 23500?After last week's Trending Pole, Nifty has been sideways this week trading in a range and creating a retracement flag.
Breakout on either side of the Range could lead to a trending move towards the Upper Limit of the Parallel Channel (Green) 23500 or The Midline of the Parallel Channel (Yellow) 22500.
RSI is divergent
Any dip towards 22500 could witness a decent buying.
Trade outside the Flag only.
CarTrade Tech- CnH FnP. Keep on Radar📊 CarTrade Tech - Technical Analysis 🚗
Reason for Picking This Stock:
CarTrade Tech has been in an uptrend since March 2023, trading within a rising channel. The stock tends to take support near the 50 DMA and the channel bottom, showcasing strong demand in those areas.
✨ Key Highlights:
1️⃣ Breakout from 3.5-Year Resistance: The stock has broken above a significant 3.5-year-old resistance level of ₹1,622.85 and gave a weekly closing above it.
2️⃣ Chart Patterns:
Cup and Handle (CnH) form
DIVISLAB Flag and Pole FormationTrade Setup
Entry Level: ₹6,336 🚀
Stop Loss (SL): ₹5,323 (Closing Basis)
SL Percentage: -16.01% 📉
Target Levels:
T1 (Positional Target): ₹7,404 (+16.88%) 🎯
Risk-to-Reward (R:R): 1:1⚖️
Technical Highlights
📌 Flag & Pole: The stock shows a strong flag and pole pattern, indicating bullish potential.
📌 Key DMAs: Trading comfortably above key moving averages (DMAs), adding strength to the setup.
📌 Pullback Bounce: Well-supported bounce after pullbacks.
📌 Volume: Needs improvement for stronger co
SkyGold - Glittering in the Sky- Flag Pole Breakout - Abv 370About Co.
1. Established in 2008 and headquartered in Mumbai, Sky Gold Limited specializes in 22-carat lightweight gold jewelry.
2. Product Range includes plain gold jewelry, studded pieces, and Turkish designs.
3. B2B Model, supplying to major retailers like Malabar Gold, Joyalukkas, Kalyan Jewellers, and more.
4. Over 2,000 retail showrooms across India feature Sky Gold products.
5. State-of-the-art manufacturing facility in Navi Mumbai with an 81,000 sq. ft. space and a 750 kg/month proces
Varun Beverages Limited - Looks promising for far!VBL - Formation of FVGs suggest a potential Flag pattern however it appears to be on the verge of formation and yet to be confirmed!
Key levels to watch:
Around 650 range close to the trendline.
Around 680 levels
Pattern confirmation:
Open and Close above 680 range in daily time frame with good volume.
Potential rally:
Monitor stock movement around the upcoming quarterly earning results. If it breaks the mentioned levels, further flag may pattern may continue the rally around 850+.
Cur
BULL FLAG FORMATION IN ADANI GREEN ENERGY - SWING TRADESymbol - ADANIGREEN
CMP 988
Adani Green Energy Limited, incorporated in 2015, is a holding company of several subsidiaries carrying business of renewable power generation within the group and is primarily involved in renewable power generation and other ancillary activities.
In Adani Green Energy, a bullish flag formation has developed. A breakout from this formation is expected to drive the price towards 1240, representing an approximate upside of 26% from the current level. I am initiating
Bearish Flag Pattern Breakdown in NiftyA Bearish Flag Pattern has been observed in NSE:NIFTY , signalling a potential downward movement. If this breakdown is successful, the following targets can be expected:
First Target: 22,550
Second Target: 22,000
Disclaimer:
This analysis is for educational and informational purposes only. It does not constitute financial advice. Market movements are subject to various factors, and trading involves significant risk. Always conduct your own research or consult with a professional finan
pole & flag in MAZGAON DOCKMAZGAON DOCK weekly chart, possible pole&flag pattern in formation.
Mazagon Dock Shipbuilders Ltd., incorporated in the year 1934, is a Small Cap company (having a market cap of Rs 90,685.87 Crore) operating in Defence sector.
Mazagon Dock Shipbuilders Ltd. key Products/Revenue Segments include Contract Revenue, Sale of Products, Other Operating Revenue, Ship Repairs and Scrap for the year ending 31-Mar-2024.
Banknifty Bullish Harmonic Pattern Moving AVG Support__RSIHello everyone,
banknifty fall consecutive 6 days trading at 8 months low 48700 RSI Positive divergence,
Bullish harmonic pattern and flag in making while nifty W in making So reversal possibilities also Maving avg band support overal confluence support with ocsillators bullish.
bullish reversal banknifty,
Banknifty Bullush Harmonic,
banknifty bullush flag,
Banknnifty RSI oversold and positive divergence,
UNITED BREWERIESUBL is looking good an outperformer in a sector all the time frame is in momentum and making a very good chart pattern that is flag and the retracement is also at 23% is a good signal for buying an all other indicatros is also showing it to go up side momentum so above 2144 it is a buy candidate target is 2266
Alpex Solar - Super Growth Stock - Flag PatternAlpex Solar is a super growth stock from solar industry. It is listed on NSE emerging market and is one of the top promising player in solar electricity sector. Looking for BIG BIG gains. Other factors:
1. Capex expansion in next 24 months
- 2.5GW Solar modules expansion
- 1.GW Solar sell expansion
- 120000 T aluminium modules
2. Already received orders of 525 crores from 2 PSUs and recent order of 35 crores from Haryana Govt.
3. Making a flag pattern on weekly time frame.
A stock to hold























