CUMMINSIND
Flag Pattern Breakout in CUMMINSIND for Target of 723+CUMMINSIND showing Bullish flag pattern breakout. If it trading above 610 then we will see the quick next target of 652. According to the chart pattern, the projected target will be 723+
Possible Trade:
Buy CUMMINSIND Above 610
Stop-loss 585
Target 652 723+
CumminInd : Symmetrical Triangle BreakoutCummin Symmetric Triangle Breakout
Gave BO on 12 Nov with good vol and
broke swing high as well.
Generally after such massive move, next few session stock goes sideways.
If sustained above 482, first target 495
(500 may act as hurdle) Next targwt 522
SL 465
Note : This idea is for only learning purpose.