Flag pattern...watch for any breakout !
Stock has formed flag pattern on weekly chart, with subdued volume action during its consolidation.
Longs can be considered at cmp or close above upper trendline on daily CB, with SL 295 on weekly CB, for the targets of 363 and 405 in short to medium term and 460+ in long term.
Kindly do your analysis before initiating trade.
Longs can be considered at cmp or close above upper trendline on daily CB, with SL 295 on weekly CB, for the targets of 363 and 405 in short to medium term and 460+ in long term.
Kindly do your analysis before initiating trade.
Note
Target 1 achieved
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.