Nesco Ltd: Weekly Flag BO 1:2 RRA bullish flag pattern sith very huge volume has been emerged on the weekly chart of NSE:NESCO
One can create a fresh position in the scrip near the CMP of Rs. 660 or below with a stoploss of Rs. 620 on weekly closing basis and the targets would be 700/740.
The Risk Reqard Ration is 1:2.
Exit the position if the stop loss is triggered on WCB.
DO YOU WANT ALL MY RESEARCH FOR FREE THEN DON'T FORGET TO FOLLOW ME and hit the small plane icon.
I AM EAGERLY WAITING FOR YOUR COMMENTS ON THE STUDY...
Disclaimer: Content shared is for information and education purposes only and should not be treated as investment or trading advice. Please do your own analysis or take independent professional financial advice before making any investments based on your own personal circumstances. Investment in securities are subject to market risks, please carry out your due diligence before investing. And last but not the least, past performance is not indicative of future returns.