The stock has conciliated after a big up move and has now shown a flag breakout today with higher vol as compared to past 15 days.
1) Price is above 20 EMA
2) 20 EMA > 50 EMA > 200 EMA hence trending up move
3) Price higher than supertrend
4) ADX > 25
5) Target as per Fibonacci and Flag Breakout rules is marked.
6) Daily Vol > 30 DMA
Idea is for academic purpose and not a buy recommendation
1) Price is above 20 EMA
2) 20 EMA > 50 EMA > 200 EMA hence trending up move
3) Price higher than supertrend
4) ADX > 25
5) Target as per Fibonacci and Flag Breakout rules is marked.
6) Daily Vol > 30 DMA
Idea is for academic purpose and not a buy recommendation
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.