Flag and pole formation in daily timeframe.
Looks good to enter at the base of the flag/channel considering risk to reward ratio i.e. 590-610.
Target can be 710+ in short term and if breakout happens then 1350+.
Stoploss can be 570.
This is just an educational post and please consult your financial advisor before investing.
Sharda motors is forming a flag and pole pattern on daily time frame.
It looks good for a short term target of 700+ and if it breakouts then the target can be 1350+.
Stoploss can be at 570.
Disclaimer: This is just an educational post. Please consult your financial advisor before investing.
