KumarAbhilash
Long

sumeet industries- flag setup

NSE:SUMEETINDS   SUMEET INDUSTRIES
90 3 7
sumeet industries has formed a beautiful flag pattern .
buy for a breakout above 40 sl 30.5 cmp 32.9
sustained closing above 40 will open a big target .
this looks like a pennant pattern to me,and not flag,although both of them are continuation pattern.
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KumarAbhilash NamantSatiya
@NamantSatiya, pennat triangle flag everything u can say in this after a vertical rally stock is in sideways forming a traingle
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NamantSatiya KumarAbhilash
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