Description
⋅ NSE:CARBORUNIV has the following features in 1H chart:
- In 1H price actually creating a Pool and Flag pattern.
- The main point is consolidation after a big volume rise.
- Note: during consolidation phase: Volume always remains above the moving moving average.
- RSI well placed
- Alligator is showing clear uptrend.
Trade: BUY level around 925-920 with a SL of 910 for a probable target of 940.