Good Long Opportunity
Updated
stop loss and target levels are mentioned in the chart . sl is on eod closing basis . follow position sizing and proper risk management .
a good flag and pole breakout happening in suppetro . but more important than any chart pattern u can see that this stock is continuously following 50 ema from 2020 lows and has rallied to these levels by taking support everytime on 50 EMA . FOR the first time it closed below 50 ema but now it has again given breakout of 50 ema and as well as retested it and also retested the trendline so now we can hope for a good upmove making new highs in recent future .
Volume also seems to be increasing after a good consolidation in tight range .
a good flag and pole breakout happening in suppetro . but more important than any chart pattern u can see that this stock is continuously following 50 ema from 2020 lows and has rallied to these levels by taking support everytime on 50 EMA . FOR the first time it closed below 50 ema but now it has again given breakout of 50 ema and as well as retested it and also retested the trendline so now we can hope for a good upmove making new highs in recent future .
Volume also seems to be increasing after a good consolidation in tight range .
Trade active
target 1 done now trail sl to cost
Trade closed manually
Trailing sl hit
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