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aiindal503
Feb 24, 2021 11:00 AM

Bhansaali Eng is undervalued? Long

BHANSALI ENG POLYMNSE

Description

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
vaibhav14476
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.
aiindal503
@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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