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WELCORP | Flag & Wedge formation - 52% potentially it can go
WELSPUN CORP LTD
Long
WELCORP | Flag & Wedge formation - 52% potentially it can go
By srikartiram
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Updated
Nov 9, 2020
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Nov 5, 2020
WELCORP | Flag & Wedge formation - 52% potentially it can go up side
CMP : 100
SL : 92
Target : 150
Almost 1:6 risk reward setup
(P.S: Its a weekly chart, Small cap, Circuit range is 5% so plan your trade accordingly - Could take time upto Weeks to Months)
Nov 9, 2020
Note
Circuit range changed to 20% in the past week - Dint noticed while posting the chart. Sincere apologies !
Feb 14, 2021
Trade closed: target reached
bigmove
Flag
longtime
positional
slowmove
Support and Resistance
valueinvesting
Wedge
srikartiram
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