IDFC first bank pole and flag pattern!
Eichermot has flag pattern on 4hr TF . Weekly trendline resistance on head.targets on chart.
I've spotted out a flag and pole pattern in BHEl (15 minutes timeframe). It has all the potential to reach about the target of 40 Rs at least. One can initiate a long entry as soon as the flag gets broken.
Tatachem forming flag pattern on 30 min TF. Targets on chart...
NIFTY50 is forming Flag pattern for the recent rally (Pole). currently trading at lower levels of flag, even if it given a pull back it can rally upto 11420, closing above upper line on daily basis only can lead to next leg of rally.
Infy is so bullish, previously it was targeting for 1000+ but now 1100+ can be seen in coming days... May get little problem with RSI Trendline. Targets on chart.... #935-940 is supply zone .
SBICARDs is facing resistance at all time high of 769. if it manages to close above this it can rally upto 8% from this 769 level. if you observe the chart it is making higher high's. if you divide rally percentage with previous leg rally it is in the range of 1.25-1.4. it may rally between 8.5%-9.6% from 769 levels. expecting 834-844 level in this rally. Before...
If you carefully Observe. Bearish pennant (Flag and Pole) is being formed inverted which indicates weakness ahead. Confirmation Required and Target will be updated after confirmation. This is follow up analysis on Nifty.