padiyaraa
Long

Pokarna:1406 having a pole and flagt formation rpost on req

BSE:POKARNA   POKARNA LTD
67 2 4
Pokarna is bullish an having
a pole and flagt formation,target 1563
Comment:
if we consider this flag, get a target 2000
I will appreciate f you can explain in detail how falg and pole pattern formed and when?
Reply
@dinsha,
Bullish Pole & flag formations are found in stocks with strong uptrends as well as, after a long consolidation period even.
They are called bull flags because the pattern resembles a flag on a pole. Pole is the result of a vertical rise in a stock and the flag results from a period of consolidation.

The above chart is in daily time frame and the price & time is spread acroos, But if you are looking at the weekly or monthly chart, it is very obvious.

when a google search search can give you better idea, why you want to appreciate me??? :D or if it is you objection your are reflection, I welcome that.
+1 Reply
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