NeeteshJain

Cairn - Breakout Flag Pattern (Buy Setup)

Long
BSE:CAIRN   None
443 views
14
It is been observed that the price action ranging in a channel or a flag consolidation where it breaks out on an hourly chart, indicating further bullishness. It shall provide a high potential returns once it closes above 225 levels. (refer to the educational series to estimate targets)

Target 1: 232
Target 2: 240
Stoploss: 220

Trade closed: target reached: Target Reached Successfully. Regards