aiindal503

Bhansaali Eng is undervalued?

Long
NSE:BEPL   BHANSALI ENG POLYM
Tell me your views on this in comments
01 . Flag and Poll breakout
02. Good fundamentals
03. Intrinsic is near ₹200
04. For educational purpose only

Comments

Draw a support line connecting two lower points. First on big green candle low on 26th JAN & second point is around 20th FEB green candle low. This ascending support line will touch your horizontal line. & you will see big ascending triangle. As a text book rule .... breakout on upside but it can come down to touch newly drawn support line and again turn upward. Try it.
Reply
aiindal503 vaibhav14476
@vaibhav14476, sir your idea is right but for that flag and poll pattern has to fail first. it usualy do not happen. you can check the result now. 🙏
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