--> TATAPOWER had made a impulsive upmove earlier and was consolidating in Flag Pattern since 6 months.
--> TATAPOWER has given a breakout from a POLE & FLAG Pattern.
--> Take a postion when stock gives 1 HR closing above 280.
--> SL can be placed below the Breakout Candle which is 249.
The stock is moving within range of 200-250 since last 4 months
a breakout and a retest is been done at 1 day timeframe
do check its delivery by searching - security wise delivery position
confirmations-1- bullish engulfing at after breakout
2- huge jump in volume
I'm not a SEBI registered person . Please ask your financial advisor before...
This stock is making carious breakout pattern continuosly. people are trying to push this stock up very safely now currently its forming pole and flag as you can see buy at cmp target 2600 plus holding period 2-3 weeks
Flag Pattern in Burger King
Tine to cross Target < 2 months
Target - 170, 172, 175, 177
(if it crosses levels of 162)
Stop Loss = 159 if it crosses levels of 162
Burger King is a strong company with increasing sales.
It will become stronger as India is moving towards UNLOCK after covid.
Please Like my Idea