Mawana Sugar : Beautiful Inverse Head & Shoulder we can see 210/220 levels achieveing soon in a very short span of time.
NSE:MAWANASUG We are seeing a Breakout of flag n pole pattern with good volumes. stock is rising after taking a support from 0.61 fib level and has crossed 0.786 lvl with a strong candle. We can see T1 - 168 very soon after that T2 - 203 then , T3 - 226 as per flag n pole target and 1.61 fib extension confluence. keep SL- 127.8
This is a public swing trade idea and is only for Learning and observational purpose. Please understand your risk and take full responsibility of your actions. I might trail my stoploss after I get an entry but even if my original Stoploss hits, i exit the trade with pre-planned loss (risk). At target, I book usually 75% positions and trail stoploss for rest. ...
Breakout on chart.. Bullish Structure.. Details in the chart..