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Rachit_Sethia
May 2, 2021 6:02 PM

#UMANGDAIRY #stockmarket Flag pattern breakout retest 25% return Long

UMANG DAIRIESNSE

Description

#UMANGDAIRY
NSE:UMANGDAIRY
CMP: 58.80
Target: 73++
Might hold above 73 as well.
Stop Loss: 48
Time frame: Less than 2 months.
Keep trailing stop loss.

Factors:
Rising Volume with rising Prices.
Channel Median breakout.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher High & Higher Low.
Broken above resistance.
Trading at support.
Fundamentals are strong.
Risk Return Ratio is healthy.
And
Bullish Wedge FLAG formed.



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With 💚 from Rachit Sethia

Trade closed: target reached

Target reached
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