shaleenbansal

FLAG & POLE. All in long trade!

Long
NSE:TVSMOTOR   TVS MOTOR CO
All details highlighted on chart.
LONG only after breakout from the FLAG pattern .

Stoploss should be placed below lower trend line of the flag.

Pattern is fairly self evident and text book definition of long build-up.

Given this is a weekly pattern, good for positional cash trade and not for leveraged F&O.

Trade cautiously.

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