Break out from flag pattern in Bosch LtdThere is a strong breakout from flag pattern on daily charts today. Volumes of 2X can be seen on the breakout.
One more thing to watch out is that today price has crossed 50DEMA and shall be closing above the DEMA .
Try to enter between 12300-12400 for targets of 13100/13350/13700. SL will be low of the breakout candle on hourly chart i.e. 12100
Risk/Reward: 2.3/3.1/4.3
Enter only if price comes to the above range of 12300-12400. CMP 12540
