Wavozen

10348 Pole and flag set up

Long
Wavozen Updated   
NSE:PCBL   PCBL LTD
Reason for long
a) pole and flag set up
b) power segment in swing Hence possibility of upside potential
c) Below the fair value
d) super vwap set up
e) FII increased the stake in sep 2023 around 181 level, but has potential to grow up to 450 levels.
g) SL compulsory
Comment:
not showing strength to close above 260 s bull candle without tail as upper wick.
If consolidation persist for another two day, we will skip this trade as entry not triggered criteria (ENT).
Trade closed: target reached

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.