flag and pole breakout

Oct 10

GUJARAT FLOUROCHEM LTD has given a strong breakout with strong volume. The short term and mid term momentum is also bullish. trade has RR of 1:2 so it is a good trade. The yellow line drawn on the chart is all time high, stock has given a breakout and has sustained above it with strong volume.

Oct 10

Note

DISCLAIMER: I am not a SEBI registered technical analyst. I do not provide calls and signals. The above analysis is solely for educational purpose. Iam not responsible for any loss/profit. DO NOT TRADE!

Oct 25

Trade closed: stop reached

stoploss hit