Long
Updated

Flag pattern found on daily time trame - NIITTECH

53
Hello,

Stock is making the base formation of the flag pattern. All the selling coming from high levels getting absorb at 1440-1450 levels and preparing for the breakout. Will trade this as long and positional.

Entry - 1440-1450 , SL - 1425-1430, Target - 1570-1600

Will keep you posted on the progress.
Note
will still not get the expected movement... will keep this trade with strick SL.
Trade closed: stop reached
Exited from the trade...
SL hit ...

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.