Nifty (pole and flag ) trading setup on hourly chart

13 Jul 2023

nifty creating a (pole and flag ) setup on hourly chart

so target is equal to pole if break the flag
on upside
so my view long if flag breaks upside
with the stoploss of 19200

for the target of 20400

if you think this idea is use full
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thank you for reading my idea
if found any related query allow me to answer

i am not a sebi registered analysist
this is just my observation for practice and learning purpose
of chart reading and try to understand the price action trading
thank you



one correction
TCS = 16 % down from life high ( by mistake its written 6% down )

13 Jul 2023

Catatan

13 Jul 2023

Catatan

nifty daily RSI setup
Rsi 14 trading at 68.6

13 Jul 2023

Catatan

13 Jul 2023

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nifty daily MACD setup

13 Jul 2023

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13 Jul 2023

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nifty daily Bollinger Band setup

13 Jul 2023

Catatan

13 Jul 2023

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nifty daily simple moving average setup
SMA 20 > SMA 50
SMA 50 > SMA 100
SMA 100 > SMA 200

14 Jul 2023

Catatan

around 80 point gap up

14 Jul 2023

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heavy weight
infosys up today 4.5%
Tcs up today 5%
is a booster for nifty

14 Jul 2023

Catatan

14 Jul 2023

Catatan

new life high 155
point profit running for now

14 Jul 2023

Catatan

comment your valuable view about this trade

15 Jul 2023

Catatan

NIFTY index weightage stocks performance

Hdfc = Life High
Hdfc Bank = Life High
Reliance = Life High
LT = Life High
Icici Bank = Life High
Axis Bank = Life High
ITC = Life High

Tcs = 13% less from Life High
Infy = 26% less from Life High
Bajajfin = 6% less from Life High
Hindunileaver = 6% less from life high

17 Jul 2023

Catatan

200 point profit running for now

17 Jul 2023

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300 point profit in two days only

18 Jul 2023

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365 point profit running for now

19 Jul 2023

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415 point profit running for now

20 Jul 2023

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500 point profit in nifty running for now

20 Jul 2023

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20000 PRINTED ON NIFTY

20 Jul 2023

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550 point profit for now

23 Jul 2023

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Nifty 50 highest weightage stock current performance

LT = Life High
Hdfc Bank = Life High
Reliance = Life High
Icici Bank = Life High
Axis Bank = Life High
ITC = Life High

Tcs = 16% less from Life High
Infy = 32% less from Life High
Bajajfin = 5% less from Life High
Hul = 9% less from life high

24 Jul 2023

Catatan

26 Jul 2023

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26 Jul 2023

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15 min breakout

9 Sep 2023

Catatan

23 Mei 2024

Catatan

3500 point running profit till today