Balrampur Chini - Daily CMP 394

Updated
Flag and Pole + Bullish Penant pattern.
Respecting the 50 MA line
Targets of 414-430-450 canbe achieved on breakout.
Keep SL below the demand zone or a closing below 50 MA line.

If breakdown, then short targets can be 380-368-360

Undercurrent is bullish.

*Always trail your profits.
*This is just a view, trade at your own risk.
Note
Touched 406. Can book according to your risk appetite.
Hold for more and Trail your profits
Bullish PatternsBullish PennantchartchartanalysischartpaternsChart PatternsflagandpoleHarmonic PatternsTechnical AnalysistradingTrend Analysis

Also on:

Disclaimer