Bulish Flag & Pole B/O in Z.F.Steering
A bullish Flag and Pole B/O has been seen on the weekly chart of
ZFSTEERING
It is als consolidation within the Ascending Triangale also.
As per the current breakout structure of flag and p[ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending Trinagle. I will update accordingly.
Exit the position if the stop lss triggered on Weekly closing basis.
The risk reward ratio for the trade is 1:2 and more if ascending triangle breakout happen
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
The idea is for Educational Purpose only.
ZFSTEERING
It is als consolidation within the Ascending Triangale also. As per the current breakout structure of flag and p[ole one look in to it to create a fresh position at cmp with a SL 590 for first target of 690. The tragts may be more hisher when it gives the breakout of the Ascending Trinagle. I will update accordingly.
Exit the position if the stop lss triggered on Weekly closing basis.
The risk reward ratio for the trade is 1:2 and more if ascending triangle breakout happen
Expecting a small favour from you to like, sahre and prmote the idea.
Your comments are most welcome.
The idea is for Educational Purpose only.
Trade closed: target reached:
Target reached in this week only.
Happy Investing.....
Happy Investing.....