Potential Bullish Flag Setup

Oct 13, 2017

There is a potential BULLISH FLAG setup on Unitech Ltd. The price is finding support at around Rs. 6.30. If the price breaks out of the consolidation, we could look to take our proft at around Rs. 11.00 which is the exact hight of the Flag's Pole!

Oct 17, 2017

Note

Unitech should take support at the bottom trendline. If it breaks and closes below the trendline, we do not have a trade because then it means that Unitech wants to go even lower!

Oct 23, 2017

Note

Unitech Ltd. takes support as expected! Let's see if we get a break-out.

Oct 30, 2017

Trade active

Price breaks the Upper Trend Line. Go long!

Nov 14, 2017

Note

The price retraced a bit and is finding SUPPORT at the .768 Fibonacci Retracement of the recent swing. The price may continue it's UPWARD MOVE from this level. I'll keep an eye.

--
Dpk.Htkr

Jan 3, 2018

Trade closed: target reached