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shriramnerlekar
Feb 24, 2023 3:13 AM

Finolex Cables - Modified Up-Flag Breakout on Daily Chart Long

FINOLEX CABLESNSE

Description

The daily chart of Finolex Cables shows the price breakout on the modified up-flag price pattern yesterday on 23/02/2023. The price gave the breakout after a consolidation of 5 daily candles. This consolidation was preceded by rally. The price target is estimated at INR 828 and the R/R Ratio is 4.
Note: This is purely academic study and does not intend to give any recommendation for investment purpose.
Comments
Bravetotrade
Congratulations and well done for sharing your first idea with the community.
Hope you will be having great experience.
Thanks for your contribution.
From mod @Bravetotrade
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