Flag
Wave - 5 breakout in Adani Power1. There is formation of typical Bullish Flag like pattern on Daily Time frame and breakout above 590 can take the price to 750/- price level I.e. potential of approx. 30% upmove with a stop loss below today’s low I.e. 517/-. Giving an excellent opportunity of 1:2 Risk : Reward.
2. As per Elliott Wave Analysis, wave - 4 is under formation taking support at 38.2% Fib Level. Projection of Wave - 5 from these level giving target of exactly 750 at 127.2% Fib level (Fib extension level of wave - 3
Swing Trading Opportunity in SPARC-- Waiting for the strong Trendline Breakout Candle with High volume
-- Flag Pattern on Daily TF(Waiting for Breakout)
-- Doji Candle formed On Weekly Candle at SUPPLY ZONE
-- RETEST the breakout level
-- ‘W’ Pattern BreakOut On Monthly TF
-- So there are Multiple signals of buying but just waiting for strong Volume On Daily TF.
Please Follow!!! (Also Please check my previous IDEA‘s)
Wockhardt - Bullish flag patternWith a visible Bullish Flag pattern breakout, the stock appears strong, and is geared for an upleg journey towards the initial target of 740.
Follow strict stop loss of 5-8% in case of trade going wrong.
Also, be cautious below 404 as it may signal a downtrend.
Note: Not a buy/sell recommendation. Consult your financial advisor.
breakout trading !In technical analysis, a breakout refers to a substantial price movement of a financial instrument, such as a stock or commodity, surpassing a specific level of support or resistance. This occurrence is of paramount importance, as it frequently signifies the initiation of a new trend, offering traders and investors valuable insights for informed decision-making.
Outlined below are key aspects related to breakouts in technical analysis:
Definition: A breakout occurs when the price of an asset s
T A T A C H E M - F U T U R E STATACHEM Futs is on the verge of breaking out of Flag Pattern on 15 min chart with aggressive decrease in OI suggesting strong short-covering.
Risk:Reward very much in favour of bulls.
Could be bought with mentioned stoploss & target.
TLong
Daily Bullish Flag Pattern BO in TORRENT POWERIntroduction:
Torrent Power is one of the leading brands in the Indian power sector, promoted by the Rs. 21500 Crore Torrent Group – committed to its mission of transforming life by serving two of the most critical needs - healthcare and power. It is an integrated power utility and is one of the largest private sector players in India having interests in power generation, transmission, distribution and manufacturing and supply of power cables.
Subsidiaries and Joint Ve
NMDC MULTIYEAR BREAKOUTNMDC gave breakout from upflag on 25th JAN, however the volumes were not so convincing and there was a previous support near 227 price level, on 2 FEB it gave breakout from that level with convincing volumes.
EMA 5>13>26
It's a buy call since 5th of FEB,
Target 325
SL 217
CMP 244
Only for educational purposes. Do not trade!!
Flag breakout in InfyIT stocks are looking quite bullish.
Infosys was consolidating in a flag pattern whose breakout was given last week.
A very good stock to buy for long term at an amazing price.
From trading perspective, 1300 is a SL with targets of 1700, and then ATH levels.
It is an FNO stock so big intraday moves shouldn't be expected.
Idea sahared for educational purposes























