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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