Legal Disclaimer
Flagwise provides technical pattern analysis of historical price and volume data, for educational and informational purposes only. Every output (pattern signals, indicators, market-regime context, position-sizing suggestions, exit-rule replays, support/resistance lines, narrative summaries) describes past price behaviour. None of it is a prediction, a recommendation, or investment advice.
Patterns we analyse
Flagwise looks for eight registered chart patterns. Each is a description of historical price and volume behaviour, not a forecast.
- Classic Flag. A sharp directional move (the "pole") followed by a tight consolidation against it (the "flag"). The detector checks the pole's slope, the flag's range, and that volume is lower through the flag than the pole. Swing traders watch for a break of the flag in the pole's direction.
- Higher Highs with rising volume. Each swing high tops the last while the 20-day average volume rises through the run. Without that volume support, the trend reads as weaker.
- Higher Lows with falling volume. Each swing low sits above the last while volume on the down-moves fades: buyers stepping in earlier, sellers losing energy.
- Pocket Pivot. An up day whose volume exceeds every down day's volume over the prior 10 sessions while price moves back up from its 10-day or 50-day average.
- Buyable Gap-Up. A material opening gap above the prior close on unusually heavy volume that holds through the session; the name is established pattern vocabulary, not an instruction.
- Volatility Contraction Pattern (VCP). A multi-week base with progressively tighter pullbacks, resolving in a volume-backed close above the final pivot.
- Cup with Handle. A rounded U-shaped base followed by a shallow upper-half handle and a volume-backed close above the handle high.
- 3-C Cheat. A compact, low-volume pause partway through a base, followed by a volume-backed close above that pause.
See the visual reference and detection criteria for all eight patterns.
Flagwise also draws support and resistance lines clustered from past pivots, suggests an ATR-based position size that ties your stop distance and rupee risk to the stock's current volatility, and can replay how two fixed exit rules would have moved over historical prices supplied by you. It does not store positions. These are setups and historical calculations, not buy, hold, or sell signals. The trade decision is yours.
What Flagwise is not
- Not a registered investment adviser, broker, research analyst, or portfolio manager.
- Using it creates no advisory, fiduciary, or client relationship.
- Not regulated by SEBI or any other financial regulator.
Data and accuracy
- Historical statistics (such as backtest win rates) describe the past and do not guarantee future performance.
- Market data comes from third parties: the NSE Bhavcopy (the exchange's official end-of-day file) as the primary source, with the Upstox API as a fallback. We make no warranty of its accuracy, completeness, or timeliness.
- Pattern detection, S/R suggestions, and sizing are deterministic computations on that data, so they are only as right as the data they run on.
Your responsibility
- Every trading and investment decision (which stock, how much, what risk) is yours alone.
- Markets carry risk. Equities and derivatives on Indian exchanges (NSE, BSE) can lose part or all of your capital.
- Consult a SEBI-registered investment adviser before acting on anything you see here.
Acceptance
Using Flagwise means you have read and accepted this disclaimer. If you do not accept it, do not use the tool.