CNXENERGY BREAKOUT-energy stock bullish

this_is_shoaib Updated   
NSE:CNXENERGY   Nifty Energy Index
The energy sector of our market seems to have given a breakout, it has been in a consolidation for a while now and has shown a healthy correction of 50% according to fib retracement.
The pattern it formed was an ideal flag and pole pattern which is a pattern that gives a good momentum when its broken and gives a rally of equal to it's last rally.

The RSI stands at 58 and is indicating bullishness.
MACD is above the signal line.

I believe it's a good opportunity to go long on energy stocks
Below I have posted some charts of the energy sector stocks, do have a look at them, these charts are not provided to take trades on them but just to get a better understanding of cnxenergy.





Trade closed: target reached:
8% up from the entry point. Measured target still left.

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