1) Dragonfly at end of showing sign of trend reversal 2) %William showing upward momentum
Aiming to enter at 433 after momentum confirmation towards TP = 438, 440, 442
at 428 towards TP = 425,423 if flag shows further power with engulfing!
SL - 429
Thanks to https://in.tradingview.com/u/vanathi/ for showing the insight for flag
If the downtrend continues, It can touch target 3=299 (history will repeat) although the scrip would require safe trading as on DAY charts, Gap has formed after Q1 YoY results which usually occurs when the price of a stock makes a sharp move down with no trading occurring in between. Gaps can be created by factors such as regular buying or selling pressure, earnings announcements, a change in an analyst's outlook or any other type of news release.
Already, Scrip is in oversold situation